Sei (SEI) is currently trading at $0.120111, reflecting a 24-hour decline of 1.49%. The daily price range has been narrow, with a high of $0.122484 and a low of $0.119481, indicating low volatility and consolidation.

Volume stands at approximately 45,231,757, contributing to a market cap ratio of 5.69%, which suggests moderate trading activity relative to its market cap. The short-term moving averages indicate a bearish trend, with the 8 SMA at $0.1207 showing a 0.50% decline, and the 55 SMA at $0.1228 reflecting a more significant drop of 2.21%.

The RSI metrics reveal a balanced market sentiment, with the 1-hour RSI at 47 and the 7-day RSI exactly at 50, indicating neither overbought nor oversold conditions. The 7-day and 14-day price changes are slightly negative at -1.62% and positive at 2.67%, respectively, suggesting a potential short-term correction following a recent uptick.

Despite the current price being significantly lower than the all-time high of $1.14 achieved on March 16, 2024, the longer-term outlook remains cautiously optimistic, as the 30-day price change is positive at 2.52%. The present price levels could represent an opportunity for accumulation, especially if the asset holds above critical support levels near $0.1195.

In conclusion, Sei (SEI) is currently in a slight downtrend, but the positive longer-term price changes indicate potential resilience. Given the current technical indicators and market sentiment, a Hold rating is warranted; this allows for observation of price action and potential recovery in the coming days.