Sei (SEI) is currently priced at $0.116713, reflecting a 3.96% increase over the last 24 hours. The daily trading range has been relatively tight, with a high of $0.117434 and a low of $0.111544, indicating stable price action within the day.

Volume stands at approximately 48.2 million, contributing to a volume-to-market cap ratio of 6.36%. This suggests moderate trading activity relative to its market capitalization, which could signal healthy liquidity for traders looking to enter or exit positions.

The hourly moving averages indicate mixed short-term momentum, with the 8 SMA at $0.1168 showing a slight decline of 0.09%, while the 21 SMA indicates a positive momentum at +0.72%. Longer-term moving averages, like the 55 SMA (+3.51%) and the 144 SMA (+4.94%), are showing more bullish trends, indicating a potential shift in sentiment.

The 1-hour RSI is at 48, suggesting a neutral market state, while the 7-day RSI at 52 indicates slight bullish momentum. However, the 14-day price change of -7.80% and the 30-day price change of -16.45% highlight a longer-term bearish trend that needs to be monitored closely.

The all-time high for SEI was recorded at $1.14 on March 16, 2024, which suggests significant upside potential if the current market can shift sentiment positively. The recent 7-day price change of 6.53% could be an early indicator of a potential reversal or recovery, but caution is warranted given the previous declines.

In conclusion, Sei shows a mixed short-term outlook, but with positive momentum in the longer-term moving averages. Given the current price level, recent price action, and prevailing market conditions, a Hold rating is appropriate, as traders should observe further price developments before making any decisive moves.