Sei (SEI) is currently trading at $0.105656, reflecting a slight decline of 0.85% over the past 24 hours. The price has remained relatively stable within a daily range of $0.001691, with a high of $0.10689 and a low of $0.105199, indicating low volatility in the short term.

Trading volume stands at approximately 18.2 million, which corresponds to a volume/market cap ratio of 2.61%, suggesting moderate trading activity relative to its market capitalization. Technical indicators show that the hourly moving averages are all slightly bearish, with the 8 SMA at $0.1059 and a decline of 0.27%, while longer SMAs exhibit more significant downward momentum, particularly the 144 SMA at $0.1077, down 1.91%.

The 1-hour RSI at 51 indicates a neutral momentum, while the 7-day RSI at 47 suggests that the asset is nearing oversold conditions. However, the 7-day, 14-day, and 30-day price changes reflect a bearish trend, with declines of 12.04%, 12.45%, and 4.04%, respectively, indicating that the price has faced substantial pressure in the short to medium term.

The all-time high of $1.14 reached in March 2024 is a significant benchmark, but the current price indicates a stark decline from that peak. The current market conditions, combined with negative price trends over the past week and the overall bearish sentiment reflected in the moving averages, suggest a lack of immediate bullish catalysts.

Based on the analysis, the recommendation for Sei (SEI) is to Hold. The current price reflects a period of consolidation, but the bearish indicators suggest caution before any buying activity. Holding may allow for a better entry point if further declines occur or if a reversal signal appears in the near term.