Sei (SEI) is currently priced at $0.113724, reflecting a slight decline of 0.53% over the last 24 hours. The trading volume of approximately 40.43 million indicates a volatility level consistent with recent market activity, particularly given the 5.48% volume-to-market cap ratio.

The daily price range has been tight, with a high of $0.117434 and a low of $0.11366, suggesting limited short-term volatility. Moving averages indicate a bearish trend, with the 8, 13, and 21 SMA all down over 2.5%, while the longer-term SMAs (55 and 144) show slight positive momentum, hinting at potential support levels around $0.1135 and $0.1113.

The 1-hour RSI stands at 28, indicating that the asset is in oversold territory, which may suggest a short-term bounce could be on the horizon. In contrast, the 7-day RSI at 51 reflects neutral momentum, while the 14-day and 30-day changes of -9.30% and -17.44% respectively reveal a more pronounced bearish trend over the longer term.

The all-time high of $1.14 reached on March 16, 2024, suggests significant resistance levels to overcome for bullish momentum. Given the current technical indicators and the bearish trends observed, a cautious approach is warranted.

Considering the oversold condition and potential for short-term recovery versus the overall negative trend in price changes, I recommend a Hold rating. This allows investors to monitor for any bullish signals in the near term while acknowledging the longer-term bearish pressure that may require further analysis before taking a buy position.