Currently, Sei (SEI) is priced at $0.07471, reflecting a minor 24-hour increase of 0.32542%. The daily price range has remained tight, fluctuating between a low of $0.073756 and a high of $0.076421, suggesting limited volatility in the short term.

The trading volume stands at approximately 24.6 million, translating to a volume-to-market cap ratio of 4.91%, indicating a moderate level of trading activity relative to its market capitalization. Short-term moving averages are showing bearish signals, with the 8 SMA at $0.0750 down by 0.38% and the 21 SMA at $0.0752 down by 0.65%, reflecting slight downward pressure on the price.

Technical indicators indicate that the 1-hour RSI is at 34, which is in the oversold territory, suggesting potential for a price rebound in the very short term. In contrast, the 7-day RSI at 55 indicates a more neutral stance, while longer-term indicators show a significant price decline over the past 30 days of approximately 37.19%, highlighting bearish sentiment.

From a fundamental perspective, SEI's all-time high of $1.14 achieved on March 16, 2024, contrasts sharply with its current price, indicating substantial depreciation and potential market corrections needed. The recent 14-day price change of -14.70% further underscores the downtrend, suggesting that the market is still adjusting to previous highs.

Considering the current technical signals, the combination of bearish moving averages and the oversold RSI suggests that while a short-term bounce may occur, the overall trend remains negative. Therefore, given the lack of strong bullish indicators and the prevailing downward momentum, the recommendation for Sei (SEI) is to Hold, allowing for potential stabilization before considering any buying opportunities.