Sei (SEI) is currently priced at $0.119116, reflecting a slight decline of 0.98% over the past 24 hours. The daily trading range has been tight, with a high of $0.12176 and a low of $0.117583, indicating limited volatility in the short term.

The volume stands at approximately 35,104,953, translating to a volume-to-market cap ratio of 4.46%, which suggests moderate interest among traders. The moving averages show a bearish trend, with the 8 SMA at $0.1195 and a decline in values across the longer SMAs, indicating that recent price action is consistently underperforming.

The 1-hour Relative Strength Index (RSI) is at 37, signaling that the asset is approaching oversold conditions, while the 7-day RSI at 49 reflects a neutral stance in the short-term trend. Despite a slight negative price change over the last week (-1.62%) and a more significant drop over 14 days (-3.09%), the 30-day price change shows a positive movement of 5.39%, suggesting potential recovery in the longer term.

Considering Sei's all-time high of $1.14 reached in March 2024, the current price reflects a significant depreciation, with substantial room for recovery if market sentiment improves. However, the consistent downtrend in moving averages and negative short-term price changes indicate that caution is warranted.

Based on the analysis of technical indicators and price movements, a Hold rating is recommended for Sei (SEI) at this juncture. The current price action suggests stabilization is needed before committing to a Buy position, particularly given the bearish signals from the moving averages and the RSI metrics indicating potential further downside risk.