Sei (SEI) is currently trading at $0.085256, reflecting a 24-hour decline of 4.26%. The price is situated between the recent 24-hour high of $0.08967 and a low of $0.082994, indicating short-term volatility with a daily range of approximately 0.67%.

The trading volume stands at 51,354,548, contributing to a volume-to-market cap ratio of 9.11%. This suggests a moderately active trading environment, although the volume indicates declining interest compared to recent highs, likely influenced by the negative price action over the last week, where SEI has dropped nearly 20%.

From a technical perspective, the moving averages show mixed signals, with the 8-period SMA at $0.0849 indicating slight upward momentum, while the longer-term SMAs (21 SMA at $0.0859 and 55 SMA at $0.0876) reflect bearish trends, suggesting resistance levels are not being breached effectively. The RSI readings further support the bearish sentiment, with the 1-hour RSI at 39 indicating near oversold conditions, while the 7-day RSI at 42 shows the asset is still in a downward trend.

Over the last 30 days, Sei has experienced a significant price drop of over 33%, and the asset is far from its all-time high of $1.14, reached in March 2024. The ongoing downtrend, coupled with declining momentum indicators, suggests that the asset may continue to struggle in the near term unless bullish momentum is established.

Considering these technical indicators and the current market conditions, the recommendation is to Hold Sei (SEI) for now. With potential for further downside in the short term due to bearish sentiment, it would be prudent to wait for signs of stabilization or reversal before considering a buy.