Sei (SEI) is currently priced at $0.111367, reflecting a slight 24-hour increase of 1.37%. The price has fluctuated between a 24-hour high of $0.11175 and a low of $0.106252, indicating a daily range of approximately 5.50%.

Trading volume stands at approximately $35.7 million, representing 4.94% of the market capitalization, which suggests a moderate level of activity. Short-term moving averages show a bullish trend, with the 8 SMA at $0.1090 (+2.13%) and the 55 SMA at $0.1095 (+1.74%), indicating upward momentum.

The 1-hour RSI is at 56, suggesting that the asset is neither overbought nor oversold. However, the 7-day RSI of 50 and the negative price changes over the past 7, 14, and 30 days indicate a general bearish trend, with losses of approximately 0.03%, 16.64%, and 18.90%, respectively.

Sei’s all-time high of $1.14, reached on March 16, 2024, is significantly above the current price, indicating potential for recovery but also emphasizing the current downtrend. In light of the recent price performance and technical indicators, there is insufficient bullish momentum to suggest immediate upward movement.

Considering the combination of current price action, volume, and moving averages, a Hold rating is advised. This recommendation allows investors to monitor the market for signs of reversal while avoiding potential losses associated with further declines.