Sei (SEI) is currently trading at $0.111454, reflecting a 24-hour decline of 6.61%. The price has fluctuated between a daily high of $0.120157 and a low of $0.108707, indicating volatility within a narrow range of approximately 1.01% over the past day.

Trading volume stands at 77,397,269, contributing to a market cap volume ratio of 10.50%. This level of volume suggests moderate interest in SEI, but the recent price drop indicates potential bearish sentiment in the short term, as evidenced by the 7-day and 14-day price changes of -7.30% and -12.68%, respectively.

Technical indicators show a mixed outlook; the 1-hour RSI is at 57, suggesting a neutral to slightly bullish short-term momentum. However, the 7-day RSI at 40 indicates oversold conditions, which could lead to a potential rebound if buying interest increases.

Moving averages further complicate the picture: the 8 and 13 SMA are slightly positive, while the 21 SMA is neutral, and the 55 and 144 SMAs are showing significant declines of -4.72% and -7.36%, respectively. This divergence in moving averages hints at a potential short-term bounce but also raises concerns about longer-term trends.

Given the current price level significantly below the all-time high of $1.14, there is potential for growth if market conditions improve. However, the bearish pressure reflected in the recent price drops and the RSI readings suggests caution is warranted.

In summary, the current market conditions indicate a hold rating for Sei (SEI). While short-term indicators show potential for a rebound, the longer-term trends and negative price momentum imply that waiting for clearer bullish signals might be more prudent before considering a buy.