Sei (SEI) is currently trading at $0.138498, reflecting a 24-hour change of -1.36%. The price has experienced a daily range between $0.137019 and $0.141831, indicating a relatively tight trading band with a low volatility of 0.004812%.

The volume stands at approximately $53.4 million, translating to a volume-to-market cap ratio of 6.05%, suggesting moderate market activity. The short-term moving averages (8 SMA, 13 SMA, and 21 SMA) are all trending downwards, indicating bearish momentum, while the 55 SMA has seen a slight uptick, showing some potential support around $0.1384.

The 1-hour RSI is at 39, suggesting the asset is nearing oversold territory, which could indicate a potential rebound in the short term. Conversely, the 7-day RSI at 53 reflects a neutral stance, yet the 7-day price change shows a decline of nearly 2%, signaling ongoing bearish sentiment.

Fundamentally, SEI has lost approximately 29% over the past 30 days and around 16.5% over the last 14 days, pointing to a significant downtrend. With an all-time high of $1.14 achieved earlier this year, current price levels are significantly depressed, which might attract long-term investors looking for entry points.

Given the current technical indicators and the recent bearish trends, a cautious stance is warranted. The price action indicates potential support at the 55 SMA, but persistent downward momentum and recent performance suggest that a wait-and-see approach is advisable.

Rating: Hold. The bearish trend may continue in the short term, and it is prudent to observe further price action before committing to a buy.