Sei (SEI) is currently priced at $0.124975, experiencing a minor decline of 1.48% over the past 24 hours. The asset's daily trading range has been relatively tight, with a high of $0.127493 and a low of $0.12376, indicating subdued volatility.

Trading volume has been significant at approximately 48.54 million, constituting 5.99% of the market cap, which suggests moderate investor interest. The short-term moving averages (8 SMA and 13 SMA) are slightly bearish, while the longer-term averages (21 SMA, 55 SMA, and 144 SMA) indicate a more pronounced downtrend, particularly the 144 SMA, which is down 5.66%.

The 1-hour RSI stands at 41, indicating that SEI is nearing oversold conditions, while the 7-day RSI at 48 suggests a neutral market sentiment. Over the past week, SEI has declined by approximately 6.08%, and the 30-day change shows a more significant drop of 23.57%, highlighting ongoing bearish pressure.

Despite these declines, the all-time high of $1.14 achieved earlier this year indicates potential for recovery if market conditions improve. However, the current technical indicators, including moving averages and RSI readings, suggest that the asset lacks sufficient bullish momentum to warrant a buy at this time.

Given the current market dynamics, including the prevailing downtrend and lack of significant positive momentum, the rating for SEI is Hold. This recommendation reflects the need for a clearer signal of reversal or stabilization before considering a buy position.