Two ways:
1.) alter sequence restart
2.) select setval();
Both show below, both work but setval is preferred as it doesn’t require a blocking lock.
create sequence public.junk_seq start with 1; select nextval('junk_seq'); alter sequence public.junk_seq restart with 50; select nextval('junk_seq'); -- or select setval('junk_seq',200); select nextval('junk_seq');