Sei (SEI) is currently trading at $0.132314, having experienced a significant decline of 5.78% over the past 24 hours. The daily price range indicates low volatility, with a high of $0.150546 and a low of $0.131786, suggesting a tight trading environment that may limit short-term trading opportunities.

The trading volume stands at approximately $230 million, corresponding to a volume-to-market cap ratio of 27.23%, indicating relatively high trading activity for its market capitalization. However, the recent downward trend is reflected in the moving averages; the 8 SMA is at $0.1377, showing a decrease of 3.91%, while the 144 SMA is at $0.1328, indicating minimal change but suggesting bearish momentum.

The Relative Strength Index (RSI) metrics present a mixed outlook; the 1-hour RSI is at 20, indicating oversold conditions, while the 7-day RSI at 51 suggests a neutral position. The recent price changes further illustrate weakness, with a 7-day decline of 3.48%, a 14-day drop of 4.86%, and a substantial 30-day decrease of 26.45%, indicating a longer-term bearish trend.

Despite the drastic drop from the all-time high of $1.14 achieved in March 2024, the current price may attract buyers looking for an entry point due to oversold conditions in the short term. Nonetheless, the ongoing negative price momentum and the lack of bullish indicators suggest caution in entering positions.

Based on the current analysis, the rating for Sei (SEI) is a Hold. This recommendation is due to oversold conditions in the short term that may present a buying opportunity, but the overall bearish trend and declining moving averages indicate that a more favorable entry point may be advisable in the near future.