Sei (SEI) is currently priced at $0.072986, reflecting a 3.93% decrease over the last 24 hours. The daily trading range has been narrow, with a high of $0.075971 and a low of $0.072814, indicating a lack of volatility amid declining price action.

Volume has reached approximately 38.2 million, contributing to a market cap ratio of 7.91%. The moving averages indicate a bearish trend, with the 8 SMA, 13 SMA, and 21 SMA all below the current price, and the longer-term 144 SMA at $0.0778, suggesting significant resistance overhead.

The RSI metrics indicate oversold conditions, with the 1-hour RSI at 30 and the 7-day RSI at 41. This weakness is further reflected in the recent price changes, with a 7-day decline of 19.73%, a 14-day drop of 30.76%, and a 30-day fall of 39.52%, reinforcing the downward trend.

Sei's all-time high was $1.14, reached in March 2024, which adds context to its current price and potential upside. However, the significant distance from this high and ongoing negative price momentum suggests continued bearish sentiment.

Given the current technical indicators, along with the volume and RSI levels indicating a potential for further decline, a Sell rating is warranted. Investors should consider offloading positions until there are signs of a trend reversal or stronger buying interest emerges.