Sei (SEI) is currently priced at $0.07051, reflecting a 24-hour decline of 2.85%. The trading volume over the last day stands at approximately 32.36 million, with a volume-to-market cap ratio of 6.81%, indicating moderate trading activity relative to its market capitalization.

The daily price range has been relatively narrow, oscillating between a high of $0.072834 and a low of $0.069455. Short-term moving averages suggest mixed momentum: the 8-period SMA shows a slight bullish trend at +0.75%, while longer-term averages indicate bearish pressures, particularly the 144-period SMA which is down 5.66% from the previous period.

The 1-hour RSI is at 37, signaling that SEI is nearing oversold conditions, while the 7-day RSI at 45 suggests it remains in a neutral zone but could indicate weakness if it continues to decline. Additionally, the 7-day and 14-day price changes of -4.96% and -3.05%, respectively, along with a significant 30-day decline of 34.52%, highlight ongoing bearish sentiment.

Despite these indicators, the all-time high of $1.14 reached in March 2024 remains a significant distance away from the current price, suggesting potential for long-term recovery if market conditions improve. However, the recent price action and declining moving averages reflect a lack of immediate bullish momentum and potential for further downside.

Considering the current technical indicators and market conditions, a Hold rating is recommended. While there may be potential for recovery in the long term, the immediate bearish trend and lack of strong buying signals warrant caution for short-term traders.