Sei (SEI) is currently trading at $0.113842, reflecting a 24-hour price increase of 3.35%. The price action has remained relatively stable within a daily range of $0.004957, indicating a tight trading environment.

The trading volume over the last 24 hours is approximately $37.7 million, contributing to a volume-to-market cap ratio of 5.12%. The hourly moving averages show positive momentum, with the 8-period SMA at $0.1123 and a 1.38% increase, suggesting short-term bullish sentiment.

The 1-hour Relative Strength Index (RSI) is at 65, indicating that the asset is nearing overbought territory, while the 7-day RSI at 54 suggests a balanced momentum. However, the longer-term indicators are mixed, with a 14-day price change of -11.41% and a 30-day price change of -19.11%, signaling potential bearish pressure in the medium term.

Despite the recent upward movement, the price remains significantly below its all-time high of $1.14 achieved on March 16, 2024. This indicates that SEI has substantial room for recovery, but it also faces resistance levels that may hinder upward movement if market sentiment shifts.

Given the current technical indicators and price action, the outlook for Sei is cautiously optimistic. The combination of recent gains and positive short-term momentum suggests a potential for further upward movement, but the medium-term bearish trends warrant caution.

Rating: Hold. While recent price action is positive, the medium-term indicators suggest potential for volatility and the risk of a downturn. Monitor for stronger bullish signals or breakouts before considering a buy.