Sei (SEI) is currently priced at $0.127208, reflecting a slight decline of 1.56% over the last 24 hours. The daily trading range has been tight, with a high of $0.132483 and a low of $0.125193, indicating a lack of volatility in the short term.

The trading volume stands at approximately 54.98 million, with a volume-to-market cap ratio of 6.79%, suggesting moderate trading activity relative to its market capitalization. Moving averages show a bearish sentiment; the 8-hour, 13-hour, and 21-hour SMAs are all negative, indicating recent downward pressure on price.

The RSI values indicate a neutral short-term outlook, with a 1-hour RSI at 45 and a 7-day RSI at 52, suggesting a lack of momentum in either direction. However, the 7-day and 14-day price changes are negative, at -9.11% and -4.42%, respectively, which points to a sustained downtrend over the past weeks.

Despite the all-time high of $1.14 reached in March 2024, the current price reflects a significant depreciation of approximately 88.77%. This drastic decline over a 30-day period of -30.79% highlights the ongoing bearish trend and potential lack of buying interest.

In summary, Sei is currently experiencing bearish market conditions, with negative moving averages and declining price trends. Given the recent performance and lack of significant bullish indicators, a Sell rating is appropriate, as the market sentiment does not favor a rebound in the near term.