Sei (SEI) is currently priced at $0.132366, reflecting a significant 6.99% decline in the last 24 hours. The daily trading range has been relatively tight, with a high of $0.146162 and a low of $0.128578, indicating a market struggling for direction.

Volume stands at 155,458,707, translating to a volume-to-market cap ratio of 18.43%, suggesting moderate interest from traders. The short-term moving averages are all below the current price, with the 8 SMA at $0.1329 showing a minor decline of 0.44%, while longer-term averages reveal a bearish trend with the 144 SMA at $0.1508 down 12.25%.

The 1-hour Relative Strength Index (RSI) is at 31, indicating that SEI is currently oversold in the short term. Conversely, the 7-day RSI at 41 suggests a lack of strong buying momentum, correlating with a substantial price drop of nearly 20% over the past week.

Over the past 14 days, SEI has seen a decline of approximately 26.55%, and a 30-day decrease of 28.71%, further emphasizing the negative sentiment. The all-time high remains significantly distant at $1.14, reached in March 2024, highlighting the current bearish trend as investors remain cautious.

Given the significant price drops, weak RSI indicators, and the negative trends in the moving averages, the outlook for SEI remains pessimistic. Therefore, a Sell rating is warranted at this time, as further declines may be anticipated before any potential recovery takes shape.