Sei (SEI) is currently priced at $0.123973, reflecting a modest 1.47% increase over the past 24 hours. The daily trading range has been tight, with a high of $0.128023 and a low of $0.121875, indicating potential consolidation around the current price level.

The volume of 68,113,867 and a volume-to-market cap ratio of 8.46% suggest a healthy level of trading activity, which supports price stability. However, the hourly moving averages indicate mixed signals, with the 8 SMA at $0.1266 showing a negative trend of -2.05%, while the 55 SMA at $0.1219 and the 144 SMA at $0.1217 are both positive, suggesting potential support levels.

The RSI readings present a nuanced picture; the 1-hour RSI at 42 indicates a near-neutral stance, while the 7-day RSI at 51 suggests stability over a longer period. The recent 7-day price change of -2.35% contrasts with a 14-day gain of 9.64%, indicating some short-term weakness despite a longer-term uptrend.

Overall, Sei's price remains significantly below its all-time high of $1.14, reached on March 16, 2024, suggesting that there is substantial upside potential. However, the current market dynamics, including recent price changes and moving averages, warrant caution.

Given the current technical indicators, including mixed moving averages and RSI levels, the recommendation is to Hold. This strategy allows investors to monitor for stronger bullish signals before committing further, while also assessing the support levels indicated by the longer moving averages.