Sei (SEI) is currently trading at $0.128141, reflecting a 3.60% increase over the last 24 hours, indicating a short-term bullish momentum. The price has oscillated between $0.120557 and $0.127785 during this period, demonstrating a relatively tight daily range of 0.007228%, which may suggest low volatility.

The trading volume of approximately 73.27 million represents a 9.01% ratio to market capitalization, indicating healthy liquidity in the market. Short-term moving averages show a bullish trend with the 8 SMA, 13 SMA, and 21 SMA all reflecting positive changes, while the 55 SMA and 144 SMA are indicating bearish trends, suggesting potential resistance levels ahead.

The 1-hour Relative Strength Index (RSI) stands at 70, indicating that the asset may be overbought in the short term. Conversely, the 7-day RSI at 47 suggests that the asset is nearing neutral territory, while the 14-day and 30-day price changes are negative, highlighting a longer-term downtrend.

Considering the current market dynamics, Sei remains significantly below its all-time high of $1.14 reached on March 16, 2024, suggesting a substantial room for upside potential if upward momentum can be sustained. However, the bearish signals from longer-term moving averages and the overbought condition indicated by the 1-hour RSI warrant caution.

In summary, while Sei shows short-term bullishness and potential for recovery, longer-term trends remain bearish. Therefore, the recommendation is to Hold, monitoring for further signs of a breakout above resistance levels and a shift in longer-term momentum indicators.