Sei (SEI) is currently priced at $0.149917, reflecting a slight decline of 0.38788% over the last 24 hours. The price has oscillated between a daily high of $0.1505 and a low of $0.140318, indicating a daily range of 0.010182%, which suggests low volatility in the short term.

Trading volume has reached 100,578,829, with a volume-to-market cap ratio of 10.53%, indicating a healthy trading activity relative to market capitalization. The hourly moving averages suggest bullish momentum in the short term, with the 8 SMA at $0.1436 showing a 4.38% increase, while longer-term moving averages like the 144 SMA at $0.1567 indicate a potential bearish trend with a 4.30% decline.

The Relative Strength Index (RSI) for the past hour stands at 53, signaling a neutral market sentiment, while the 7-day RSI of 45 indicates that the asset may be approaching an oversold condition. Over the past week, the price has decreased by approximately 14.18%, and the 14-day and 30-day changes reflect downward trends of 8.40% and 23.47%, respectively, confirming a bearish outlook in the medium term.

Despite the overall price decline, the asset is still significantly below its all-time high of $1.14, achieved in March 2024, which highlights substantial potential for recovery. However, the persistent downward price action over the last month suggests that investors should approach this asset with caution, considering the potential for further declines before a recovery may occur.

Given the current technical indicators, particularly the bearish long-term moving averages and the recent price action, the recommendation for Sei (SEI) is to Hold. This stance allows investors to monitor market developments while avoiding potential losses, as the asset may still face downward pressure in the near term.