The SEI cryptocurrency shows potential for a February recovery as oversold technical conditions coincide with increasing stablecoin adoption on its network. After a prolonged downtrend, SEI’s price has stabilized near $0.073–$0.075, with its Relative Strength Index rebounding from an oversold level of 27. Fundamental demand is supported by data showing a majority of Gen Z professionals and corporate leaders are embracing stablecoin payrolls.
The SEI blockchain network is showing signs of a potential technical rebound after its native token stabilized following a prolonged downtrend. At press time, SEI was trading at $0.076, marking a 4.53% increase over the previous 24 hours.
Price action has found support between $0.073 and $0.075, according to chart analysis. The token’s Relative Strength Index recently bounced from an oversold reading near 27, indicating weakening bearish momentum.
The immediate price resistance is identified at the $0.091 level. A stronger zone of resistance forms around $0.116, which would be a key level for any sustained recovery.
Fundamental developments may support network growth, as stablecoin adoption for payroll is accelerating. Data published by Sei Network indicates 75% of Gen Z professionals desire stablecoin payment options.
Furthermore, 90% of corporate executives reportedly have stablecoin programs either active or in development. Over half of companies not yet using stablecoins expect to begin within the next year.
“Stablecoin payroll has gone from an edge case to a priority,” stated the update from Sei Network. This shift is occurring in partnership with the platform Toku on the Sei blockchain.
The convergence of oversold technical indicators and growing fundamental utility could influence SEI’s price trajectory for the remainder of February. A confirmed break above the $0.091 resistance would be the first signal of strengthening bullish momentum.
