Sei (SEI) is currently priced at $0.112166, reflecting a significant 5.01% decline over the last 24 hours. The price movement has been constrained within a daily range of $0.008584, with a high of $0.120514 and a low of $0.11193, indicating a lack of volatility and downward pressure on the asset.

The trading volume stands at approximately 85,280,406, translating to a volume-to-market cap ratio of 11.72%. This suggests a moderate level of trading activity relative to its market capitalization, but the recent price action and drop in volume might indicate waning investor interest.

Technical indicators show bearish momentum, with the 1-hour RSI at 38 and the 7-day RSI also at 38, both indicating oversold conditions. The short-term moving averages (8 SMA at $0.1140, 13 SMA at $0.1152, and 21 SMA at $0.1158) are trending downwards, reflecting a persistent downward trend, while the 55 SMA at $0.1174 and 144 SMA at $0.1240 indicate resistance levels that are significantly higher than current prices.

From a fundamental perspective, the price has declined approximately 20.89% over the past week and more than 24% over the last 30 days, highlighting sustained selling pressure. The all-time high of $1.14 reached on March 16, 2024, remains a distant target, emphasizing the need for strong bullish sentiment and increased buying activity to regain upward momentum.

Given the current bearish trend, declining RSI levels, and significant price drop over the past month, the outlook for Sei remains negative. The lack of significant support at these levels, combined with the downward trend in moving averages, suggests that a reversal is not imminent.

Rating: Sell. The technical indicators and price action reflect a continued downtrend, warranting a recommendation to exit positions until a more favorable market condition emerges.