The current price of Sei (SEI) stands at $0.086165, reflecting a 24-hour decline of 2.19%. The daily trading range has been relatively narrow, with a high of $0.08917 and a low of $0.08382, indicating limited volatility in the short term.

The volume of 42,385,799 indicates active trading, but the volume-to-market cap ratio at 7.44% suggests that the market may not be experiencing significant enthusiasm. The hourly moving averages indicate a bearish sentiment, with the 55 SMA at $0.0894 showing a notable decline of 3.67%, while the 144 SMA reflects a longer-term bearish trend down 12.02%.

The Relative Strength Index (RSI) readings confirm bearish momentum, with the 1-hour RSI at 42, indicating a lack of immediate buying pressure, while the 7-day RSI at 37 suggests that SEI is nearing oversold territory. Additionally, the 7-day, 14-day, and 30-day price changes of -15.67%, -25.01%, and -29.28% respectively highlight a consistent downtrend over the medium term.

Given the current price levels, along with declining moving averages and RSI metrics, the technical indicators suggest a further potential downside in the near term. The significant distance from the all-time high of $1.14 reached in March 2024 emphasizes the current bearish trend.

Considering these factors, the rating for Sei (SEI) is a Sell. The current price action and technical indicators point towards continued weakness, and investors may be better positioned to wait for a more favorable entry point or signs of a reversal before considering a buy.