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$SEI The increase in SEI over the past 24 hours reflects technical momentum and positive sentiment stemming from the fee elimination, but the token unlocking on January 15th remains a limiting factor for further price upside. The price is facing pressure from short-term traders seeking to profit from breakouts and long-term investors concerned about supply dilution risk.
Key point to watch: Will SEI be able to maintain above $0.1155 after the breakout? If not, it could trigger a 30-day downtrend back towards the $0.10 support level.