Sei (SEI) is currently priced at $0.078081, reflecting a 2.27% increase over the last 24 hours. The daily trading range has been relatively tight, with a high of $0.078523 and a low of $0.074981, indicating a volatility of approximately 4.75%.

The trading volume stands at 31,192,894, which represents 6.04% of the market cap, suggesting moderate liquidity. The hourly moving averages show bullish trends, with the 8 SMA at $0.0773 and a 1.05% increase, indicating short-term momentum is positive.

The 1-hour RSI is at 71, signaling that SEI may be overbought in the very short term. However, the 7-day RSI at 52 indicates a neutral position, suggesting that there is room for growth or a potential consolidation phase.

In terms of price performance, SEI has experienced a negative trend over the past 7 days (-0.28%), 14 days (-6.59%), and 30 days (-35.19%). This downward pressure from the longer time frames could indicate bearish sentiment, but the recent 24-hour uptick may suggest a corrective bounce.

Considering the substantial distance from its all-time high of $1.14, the market has not shown strong bullish momentum to recover that level. The combination of overbought conditions in the short term and bearish trends in longer time frames indicates a precarious position for new entries.

Given the current analysis, the recommendation for Sei (SEI) is to Hold. While there may be short-term gains, the longer-term trend and overbought indicators suggest caution before making any new purchases.