SEI is maintaining its position around $0.196, with the $0.19 support level being critical for sustaining its bullish trend. Analysts are monitoring the potential for a breakout towards $0.24 as the token consolidates within a descending triangle pattern. The Sei Network's DeFi ecosystem is expanding, boasting a total value locked (TVL) of $464 million and increasing activity on decentralized exchanges (DEX). Trading volume remains moderate, with resistance between $0.20 and $0.21 being pivotal for confirming a breakout.