Sei (SEI) is currently priced at $0.13712, reflecting a slight decline of 0.88% over the past 24 hours. The daily trading range has been narrow, between a high of $0.142708 and a low of $0.136677, indicating low volatility in the market.

Volume over the past 24 hours stands at 58,478,529, representing 6.70% of the market cap, which is relatively modest. The moving averages reveal a bearish trend, with the 8 SMA at $0.1388 showing a decline of 1.18%, suggesting that short-term sentiment is negative.

The 1-hour RSI is at 34, indicating that the asset is approaching oversold conditions, which may signal a potential reversal. In contrast, the 7-day RSI at 52 suggests that the asset is in a neutral zone, while the 14-day and 30-day price changes of -15.76% and -31.84%, respectively, reflect significant downward pressure over the longer term.

Despite the recent price drop, Sei has seen a 7-day increase of approximately 3.50%, which could indicate a temporary recovery or accumulation phase. However, the overall trend remains bearish, with prices well below the all-time high of $1.14 achieved in March 2024.

Given the current technical indicators and market conditions, Sei appears to be in a consolidation phase with limited upside potential in the near term. Therefore, the rating is Hold, as investors should wait for a more definitive trend reversal or an improvement in market sentiment before making any buying decisions.