SEI price nears breakout at $0.0694, eyeing $0.080 after steady recovery from $0.050 support zone

SEI token price stabilized between $0.050 and $0.052 in early April, forming a base that led to a breakout above $0.0563. Momentum pushed the price toward the $0.0694 resistance with strong capital inflows confirmed by volume indicators. After a brief retracement to $0.0657 support, SEI is positioned to retest $0.0694, with a potential breakout targeting the $0.080 psychological level. Positive volume and money flow metrics suggest continued accumulation, while tightening Bollinger Bands indicate possible upcoming volatility expansion.