Currently, Sei (SEI) is trading at $0.111993, reflecting a minor decline of 0.81237% over the past 24 hours. The daily price range has been relatively tight, oscillating between a high of $0.113998 and a low of $0.109971, indicating constrained trading activity and potential market indecision.

The trading volume over the last 24 hours is approximately $29,927,047, translating to a volume-to-market cap ratio of 4.12%. This level of volume suggests moderate interest in SEI, but it does not indicate significant buying pressure, especially in light of the recent price decline.

Examining the moving averages reveals mixed signals; while the 8-period and 13-period SMAs are showing slight upward momentum, the longer-term 55 and 144 SMAs are indicating downward trends. This divergence suggests a possible short-term bullish sentiment, but it may not be sustainable if the overall market trend continues to weaken.

The Relative Strength Index (RSI) readings present a neutral stance; the 1-hour RSI at 56 indicates slight bullish momentum, while the 7-day RSI at 50 suggests a lack of momentum in either direction. The price changes over various time frames show a 1.93% increase over the past week, contrasted by a 0.61% decrease over the past two weeks and an 8.20% decline over the last month, further emphasizing the recent volatility and uncertainty in the market.

Given the current technical indicators, including the mixed signals from moving averages and RSI, along with a recent history of price declines, the sentiment appears cautious. Therefore, the recommendation for Sei (SEI) is to hold at this time, as the market may require further consolidation before a clear bullish trend can be established.