Sei (SEI) is currently priced at $0.071767, reflecting a 24-hour change of -3.96%. The daily price range has been relatively tight, with a high of $0.074824 and a low of $0.071379, indicating low volatility and a bearish sentiment in the short term.

Trading volume stands at approximately 32,168,240, representing 6.78% of the market cap. The hourly moving averages are predominantly bearish, with the 8 SMA at $0.0727 showing a decline of 1.28% and the 55 SMA at $0.0749 reflecting a decrease of 4.23%, suggesting continued downward pressure.

The RSI metrics are particularly concerning, with the 1-hour RSI at 23, indicating strong oversold conditions. The 7-day RSI at 42 also points to weakening momentum, which aligns with a substantial 7-day price drop of nearly 19.45%.

In the context of longer-term performance, Sei has lost 33.18% over the past 14 days and 40.36% over the last 30 days, highlighting a sustained bearish trend. The all-time high of $1.14, achieved on March 16, 2024, seems increasingly distant, further emphasizing the current downtrend.

Given the bearish indicators across short, medium, and long-term time frames, along with the lack of bullish momentum signals, the market sentiment for Sei is negative. The combination of declining moving averages and oversold RSI suggests further downside risk.

Rating: Sell. The technical indicators and price trends indicate that SEI is likely to continue declining in the near term, warranting a sell recommendation for risk-averse investors.