SEI/USDT in the 1-hour window is hovering at 0.1313 right now. What catches the eye? A descending trendline pressing down from above, keeping price action locked in a tight range.

The token's basically trapped. Upper boundary sits near 0.1400 – that's where sellers have been consistently stepping in. Downside? There's a floor around 0.1220 that's held up so far. Classic squeeze zone.

Chart structure screams descending triangle formation. Price keeps making lower highs while support refuses to crack. These patterns typically resolve with a decisive move – question is which direction breaks first. Bulls need to reclaim that trendline resistance. Bears are waiting for 0.1220 to finally give way.

Volume and momentum will likely telegraph the breakout before price confirms it. Worth watching how SEI behaves at these boundaries over the next few candles.