Sei (SEI) is currently trading at $0.270916, down 5.38% in the last 24 hours. The price has fluctuated between a high of $0.288622 and a low of $0.269457 during this period, indicating a daily range of 0.019165%, which is relatively narrow.

The trading volume stands at 251,247,080, contributing to a volume-to-market cap ratio of 16.63%, suggesting active trading but not extreme market interest. The hourly moving averages reveal a consistent downtrend, with the 8 SMA at $0.2794 (-3.04%), the 13 SMA at $0.2801 (-3.28%), and the 21 SMA at $0.2819 (-3.88%), indicating continued selling pressure.

The 1-hour RSI is at 31, signaling potential oversold conditions, while the 7-day RSI at 49 suggests neutrality in the medium term. In the past week, the price has decreased by 16.54%, but it has seen a significant 59.61% increase over the last 14 days, which may attract buyers looking for a rebound.

Despite the recent downtrend, SEI's price remains significantly lower than its all-time high of $1.14 reached in March 2024. The current technical indicators suggest that while there is short-term weakness, the medium to long-term trend remains positive based on the 30-day price change of 39.30%.

Given the oversold conditions indicated by the RSI and the potential for a rebound, a cautious Buy rating is warranted. Investors may consider entering positions at current levels, with an eye on short-term resistance around the $0.28 mark and support at $0.27, maintaining a risk-managed approach.