Sei (SEI) is currently priced at $0.107723, reflecting a slight decline of 0.59717% over the last 24 hours. The daily trading range has been relatively narrow, with a high of $0.109769 and a low of $0.105178, indicating limited volatility in the short term.

The volume over the last 24 hours is 41,479,549 SEI, equating to a volume-to-market cap ratio of 5.83%, which suggests moderate trading activity relative to the market cap. The hourly moving averages show mixed signals, with the 8 and 13-period SMAs indicating upward momentum, while the 55 and 144-period SMAs reflect bearish trends.

The 1-hour Relative Strength Index (RSI) stands at 54, suggesting that the asset is neither overbought nor oversold in the very short term. However, the 7-day RSI at 40 indicates a more bearish sentiment over the past week, coinciding with a significant price drop of approximately 14.44% in that period.

The 14-day price change is also negative at around -15.09%, reinforcing the downtrend over a longer timeframe. The 30-day change of -3.28% suggests that while recent pressures have intensified, the asset has shown some resilience in the past month compared to the two-week period.

Given the current price of $0.107723 is significantly lower than its all-time high of $1.14 achieved in March 2024, the potential for recovery exists, but short-term indicators suggest caution. The mixed signals from moving averages and RSI readings imply that while there may be short-term trading opportunities, the overall trend remains bearish.

In conclusion, a cautious stance is warranted. Rating: Hold. The current technical indicators suggest potential for sideways movement or further decline, making it advisable to refrain from aggressive buying until clearer upward momentum is established.