SEI is currently trading at $0.08552 as of February 2, 2026, up 1.15% despite a 35.6% decline in 24-hour trading volume to $47.47 million, according to CoinMarketCap data. Over the past seven days, the token has fallen 16.74%, reflecting continued pressure within its year-long descending channel pattern.
SEI Price Holds Above Key Support Zone
In X post, Crypto analyst Jonathan Carter notes that SEI is holding above the lower boundary of the descending channel on the 3-day timeframe. “The support zone around $0.087–$0.073 has historically been strong, and early signs of a bounce suggest buyers are stepping in,” Carter said.
Technical targets after confirmation of the bounce include $0.105, $0.145, $0.205, and up to $1.00, representing a high-risk, high-reward opportunity for traders.
SEI has been trading within a descending channel for over a year, defined by lower highs and lower lows. The channel’s upper boundary acts as dynamic resistance, while the lower boundary serves as critical support. A developing bounce near this support, indicated by recent price action, suggests a possible trend reversal.
Carter emphasized that confirmation of the bounce is essential before targeting higher resistance. The ideal sell zone near $1.00 coincides with historical supply levels and volume nodes, indicating strong potential selling pressure. Traders should proceed cautiously, balancing risk with the high-reward setup.
Gryps Integrates Orbs’ Perpetual Hub Ultra
In parallel, Sei Network received a major infrastructure upgrade as Gryps integrated Orbs’ Perpetual Hub Ultra. This brings institutional-grade perpetual futures trading to the network, delivering a fully managed, modular stack optimized for capital efficiency, execution certainty, and deterministic risk management.
The integration enables Gryps to access deep liquidity, support customizable leverage, and deliver efficient trade execution without complex backend infrastructure. Ran Hammer, Chief Business Officer at Orbs, said: “This solution meets the operational requirements of professional traders while maintaining decentralized settlement.”
The deployment reinforces Orbs’ position as a standard for turnkey perpetuals infrastructure, allowing decentralized exchanges to compete with centralized platforms on performance and user experience.
Also Read | SEI Price on the Rise: $0.111–$0.118 Levels in Focus After Gryps Launch
