SEI Price Poised for Bullish Reversal on Giga Upgrade Momentum

SEI's price has been showing signs of a potential bullish reversal after prolonged consolidation, and fading selling pressure could support stronger momentum.

The token's Giga upgrade aims to enhance scalability, execution, and network performance, potentially strengthening the blockchain's long-term growth prospects.

According to crypto analyst Flippix, SEI is holding near the lower end of its broader trading range after months of price compression. Buyers and sellers are actively defending this area, which could eventually develop into a meaningful bullish reversal.

If selling pressure continues to fade, the current consolidation could lead to gains, with initial targets at $0.38, followed by $0.74 and potentially above $0.94 if momentum increases.