Sei (SEI) is currently priced at $0.111551, reflecting a 1.61% increase over the last 24 hours, which suggests a slight upward momentum. The daily range has been relatively narrow, with a high of $0.115041 and a low of $0.10865, indicating low volatility in the short term.

Trading volume stands at approximately 61 million, with a volume-to-market cap ratio of 8.43%, showing decent trading activity relative to its market capitalization. However, the recent price changes reveal a downward trend over the last week, with a 7-day change of -4.76% and a 14-day change of -15.44%, signaling potential bearish sentiment.

Analyzing the moving averages reveals that the 8 SMA is currently at $0.1137, indicating a 1.92% decline, while the 55 SMA at $0.1110 shows a modest gain of 0.49%. The 21 SMA at $0.1122 has also declined by 0.60%, suggesting that short-term trends are underperforming against the longer-term averages.

The 1-hour Relative Strength Index (RSI) is at 52, indicating that the asset is neither overbought nor oversold, suggesting a neutral stance in the short term. In contrast, the 7-day RSI is at 46, approaching oversold conditions, which could lead to a potential rebound if buying pressure increases.

Considering the all-time high of $1.14, achieved on March 16, 2024, SEI still has significant upside potential if market conditions improve. However, the persistent downtrends in the 7-day and 14-day price changes necessitate caution among traders.

In conclusion, while SEI has shown slight positive movement in the short term, the overall trend remains bearish with several indicators signaling potential weakness. Therefore, the recommendation is to Hold SEI at this time, monitoring for any signs of recovery or further declines before making additional trading decisions.