Currently, Sei (SEI) is priced at $0.140846, reflecting a 3.22% increase over the last 24 hours. The price is exhibiting volatility with a daily range of 0.009142, having reached a high of $0.141999 and a low of $0.132857 during this period.

Volume stands at approximately 80,149,847, equating to a volume/market cap ratio of 8.93%, indicating a moderate level of trading activity relative to its market capitalization. The hourly moving averages suggest a bullish trend, with the 21 SMA at $0.1379 showing a 2.10% increase, and the 55 SMA at $0.1370 reflecting a 2.84% rise, highlighting upward momentum in shorter time frames.

Technical indicators reveal a strong 1-hour RSI at 76, suggesting the asset may be overbought in the very short term. In contrast, the 7-day RSI is at 53, indicating a neutral position, while longer-term indicators reflect a downtrend with price changes of -6.86%, -20.69%, and -29.96% over the past 7, 14, and 30 days, respectively.

The all-time high of $1.14 was achieved on March 16, 2024, indicating significant potential upside but also a long way from current prices. This disparity suggests that while there may be bullish short-term movement, the longer-term trend remains bearish.

Considering the current price action, volume metrics, and RSI readings, the recommendation for Sei (SEI) is to hold. This rating is based on short-term bullish indicators but tempered by a longer-term bearish trend, suggesting that investors should await clearer signs of sustained upward movement before considering further purchases.