Sei (SEI) is currently trading at $0.108378, reflecting a 24-hour change of -1.6853%. The price has shown limited volatility within a daily range of $0.003076, with a high of $0.111133 and a low of $0.108057, indicating a potential consolidation phase.

The volume stands at 34,926,860, which corresponds to a volume-to-market cap ratio of 4.96%. This suggests a moderate level of trading activity relative to its market capitalization, but the recent downward price trend could indicate waning investor interest.

Analyzing the moving averages, the 8 SMA at $0.1093 shows a decline of 0.81%, while the longer-term 144 SMA at $0.1110 has decreased by 2.37%. The fact that all short-term moving averages are below their respective prices points to a bearish sentiment in the near term.

The 1-hour RSI is currently at 30, indicating that SEI is approaching oversold territory, while the 7-day RSI at 47 suggests a neutral momentum. However, the 7-day, 14-day, and 30-day price changes reflect significant downward pressure of -7.40%, -21.97%, and -19.38%, respectively, which indicates a strong bearish trend over these time frames.

Given the current technical indicators, including the bearish moving averages and the low RSI, SEI may see short-term consolidation or a potential rebound. However, the overall trend remains negative, and the price is significantly below its all-time high of $1.14 reached on March 16, 2024.

Based on the analysis, the recommendation is to Hold SEI at this stage. While there may be short-term opportunities for a bounce given the oversold RSI, the prevailing downward trend and significant price losses suggest a cautious approach until clearer bullish signals emerge.