Sei (SEI) is currently priced at $0.105347, reflecting a 24-hour decline of 4.20%. The daily trading range has been tight, with a high of $0.110597 and a low of $0.105339, indicating a lack of significant volatility.

Volume stands at approximately 45 million, representing 6.46% of the market cap, suggesting moderate trading activity. However, the hourly moving averages are trending downward, with the 8 SMA at $0.1083, showing a decrease of 2.75%, and the 144 SMA at $0.1177 reflecting a decline of 10.49%.

The 1-hour RSI is at a critically low level of 28, indicating oversold conditions in the short term, while the 7-day RSI at 37 suggests continued bearish momentum. Price changes over various periods show a 7-day decline of 15.48%, a 14-day decline of 19.88%, and a modest 30-day decline of 3.04%, reinforcing the bearish trend.

The all-time high for Sei stands at $1.14, reached on March 16, 2024, and the current price represents a significant retracement from this peak. This sustained downtrend in both price and momentum indicators suggests that a recovery may not be imminent.

Given the current technical indicators and the overall trend, the recommendation is to Hold. While the oversold condition may present a potential for short-term recovery, the persistent downward pressure and lack of buying volume suggest that further declines could be likely before any sustainable upward movement occurs.