Sei (SEI) is currently trading at $0.086832, reflecting a 4.67% decline over the last 24 hours. The price has experienced a daily range from a low of $0.083294 to a high of $0.09121, indicating a relatively tight trading environment with a daily range of just 7.92%.

Volume has registered at approximately 52 million, contributing to a volume-to-market cap ratio of 9.06%, suggesting moderate trading activity. The short-term moving averages show mixed signals, with the 8 SMA and 13 SMA indicating slight upward momentum while the 21 SMA and 55 SMA indicate bearish pressure.

The 1-hour RSI is at 44, suggesting that the asset is nearing neutral territory, while the 7-day RSI of 41 indicates a slight bearish trend. Price changes over the last week, 14 days, and 30 days are all negative, at -18.33%, -19.18%, and -30.19%, respectively, indicating a persistent downtrend in recent performance.

The all-time high for Sei was $1.14, reached on March 16, 2024, which establishes a significant resistance level for any upward movement. Current price action remains well below this high, reflecting ongoing bearish sentiment and potential lack of buyer confidence.

Given the combination of negative momentum, declining RSI values, and resistance levels significantly above current prices, a Sell rating is warranted at this time. This recommendation is based on the current technical indicators and price behavior, which suggest further downside potential in the near term.