Sei (SEI) is currently priced at $0.119206, reflecting a 2.18% increase over the past 24 hours. The daily trading range shows volatility with a high of $0.120882 and a low of $0.116661, indicating a narrow daily range of 0.004221%.

The trading volume over the last 24 hours stands at approximately 69,164,355 SEI, contributing to a volume-to-market cap ratio of 8.93%. In terms of moving averages, the 8 SMA is slightly below the current price at $0.1194, while the 13 SMA is marginally above at $0.1187, suggesting a short-term consolidation phase.

The 1-hour RSI is at 53, indicating neutral momentum, while the 7-day RSI at 38 suggests that the asset is nearing oversold conditions. Notably, the 7-day price change is down 14.69%, the 14-day change is down 14.60%, and the 30-day price change is down 22.95%, reflecting a sustained bearish trend over these periods.

The all-time high for Sei was $1.14, achieved on March 16, 2024, which illustrates significant downward pressure since that peak. Technical indicators suggest that while short-term trading is slightly bullish, the longer-term trends are bearish, which could deter new investments.

Given the current technical landscape, the lack of a sustained uptrend, and negative price momentum over the past month, a cautious approach is warranted. Therefore, the recommendation is to Hold, as potential for recovery exists, but caution is advised given the broader bearish trends.