Sei (SEI) is currently trading at $0.149953, reflecting a modest 24-hour price change of 1.54%. The daily price range shows a high of $0.15315 and a low of $0.145997, indicating low volatility with a daily range of just 0.007153%.

The trading volume over the last 24 hours stands at 124,617,281, contributing to a relatively high volume-to-market cap ratio of 13.07%. The hourly moving averages suggest a slight downward trend, with the 8 SMA at $0.1515 down by 1.00%, indicating short-term bearish sentiment.

In terms of momentum indicators, the 1-hour RSI is at 48, suggesting a neutral market condition, while the 7-day RSI is lower at 42, indicating potential oversold conditions. Over the past week, the price has declined by approximately 15.33%, and the 30-day price change shows a significant drop of around 23.90%, indicating bearish pressure in the medium term.

From a technical perspective, the significant gap between the current price and the all-time high of $1.14 suggests a substantial recovery is necessary for a bullish outlook. The consistent decline over the past month, along with the weakness in RSI readings, indicates that selling pressure remains strong.

Given the current technical indicators and the declining price trend, it is advisable to adopt a cautious stance on Sei (SEI). A Hold rating is warranted at this time, with an emphasis on monitoring for signs of stabilization or a reversal before considering any buying opportunities.