Sei (SEI) is currently priced at $0.104309, reflecting a slight decline of 1.03% over the last 24 hours. The price has fluctuated between a high of $0.107959 and a low of $0.100453 within the same period, indicating a daily range of approximately 7.5%.

The trading volume stands at 44,009,265, contributing to a market cap volume ratio of 6.39%, suggesting moderate trading activity relative to market capitalization. Technical indicators reveal that the 1-hour RSI is at 38, signaling potential oversold conditions, while the 7-day RSI at 47 indicates a lack of clear momentum.

Short-term moving averages reveal a bearish trend, with the 55 SMA and 144 SMA showing declines of 1.57% and 2.55% respectively. In contrast, the 8 SMA is slightly positive at +1.34%, but this is not enough to counteract the overall downward trajectory observed in longer-term averages.

Fundamentally, Sei has faced a 5.94% price decrease over the past week and a more significant 15.12% drop over the past 14 days. The substantial gap between the current price and its all-time high of $1.14 indicates a significant bearish sentiment since reaching that peak in March 2024.

Given the combination of bearish technical indicators, declining price momentum, and the relatively low RSI levels, the outlook for Sei appears cautious. While there may be short-term trading opportunities, the overall market sentiment and price action suggest a Sell rating, as the risks currently outweigh potential rewards.