Sei (SEI) is currently priced at $0.106335, reflecting a slight decline of 0.44469% over the past 24 hours. The daily trading range has been narrow, with a high of $0.108368 and a low of $0.10574, indicating low volatility in the short term.

Trading volume stands at approximately 26.9 million, representing a volume-to-market cap ratio of 3.83%. This suggests moderate interest from traders but also reflects a lack of significant momentum in either direction, as evidenced by the recent price changes.

Technical indicators reveal a bearish sentiment, with the 1-hour RSI at 43 and the 7-day RSI at 40, both suggesting that SEI is nearing oversold territory. Furthermore, all short-term moving averages are below the current price, indicating a potential resistance zone, particularly around the 55 SMA at $0.1076 and the 144 SMA at $0.1113.

From a fundamental perspective, the price has decreased by 11.36% over the past week and 12.22% over the past 14 days, indicating a persistent downtrend. The all-time high of $1.14, reached in March 2024, remains far from the current price, suggesting a significant decline from previous highs and potential concerns about market confidence.

Considering the current bearish technical indicators, persistent downtrends, and limited upward momentum, the outlook for Sei is cautious. Therefore, the recommendation is to hold, as entering at this point may not yield immediate benefits until more bullish signals emerge or a clearer reversal pattern develops.