Sei (SEI) is currently trading at $0.126059, reflecting a 24-hour decline of 2.66%. The price has oscillated between a daily high of $0.132047 and a low of $0.12469, indicating a relatively tight trading range of 0.007357%, which suggests some market indecision.

The volume over the last 24 hours stands at approximately 74,167,818, equating to a volume-to-market cap ratio of 9.08%. This level of trading activity indicates decent liquidity, yet the downward pressure observed in the price may suggest waning investor interest or profit-taking in the short term.

Looking at the moving averages, the 8, 13, 21, and 55 SMA are all positioned above the current price, indicating bearish momentum with respective declines of 1.12% to 2.11%. However, the 144 SMA shows a positive trend, increasing by 1.98%, which may indicate a potential support level at around $0.1236.

The 1-hour Relative Strength Index (RSI) is at 28, suggesting that SEI is currently oversold and may be due for a short-term rebound. In contrast, the 7-day RSI at 56 indicates a neutral position, while the price has increased by approximately 11.67% over the past week, reflecting a more bullish sentiment in the medium term.

Fundamentally, SEI's all-time high of $1.14 from March 2024 serves as a significant resistance level, with the current price significantly lower. The 30-day price change shows a decline of 4.36%, which highlights the volatility and potential challenges for maintaining upward momentum in the near term.

Based on the current technical indicators and price movements, a cautious approach is advised. The oversold condition on the hourly RSI suggests a potential short-term buy opportunity, but the prevailing bearish trend from the moving averages indicates that a Hold rating is more prudent until a clearer reversal signal emerges. Therefore, the recommendation is to Hold SEI at this time.