SEI is currently priced at $0.113173, reflecting a 24-hour decline of 3.13%. The daily trading range has been relatively tight, with a high of $0.117355 and a low of $0.112406, indicating a lack of volatility and investor conviction.

The volume over the past 24 hours stands at approximately 44,976,604, which results in a volume-to-market cap ratio of 6.16%. This suggests moderate trading activity, but not enough to signify a strong trend reversal in the current bearish sentiment reflected in the price drop.

Technical indicators show that the short-term moving averages (8, 13, and 21 SMA) are all indicating a downward trend, with losses ranging from -2.04% to -2.25%. In contrast, the 144 SMA indicates a slight upward movement of +1.23%, suggesting some potential support at this level, but overall, the momentum remains bearish.

The 1-hour RSI is positioned at 46, indicating neutrality and a potential lack of immediate buying pressure. Meanwhile, the 7-day RSI at 52 indicates that SEI is neither overbought nor oversold, suggesting that it might consolidate before making a decisive move.

In terms of price changes, SEI has seen a modest gain of approximately 0.65% over the past week, but this is overshadowed by more significant losses of 8.88% and 17.56% over the 14-day and 30-day periods, respectively. The all-time high for SEI was $1.14, set in March 2024, indicating considerable distance from current prices and potential resistance levels.

Given the current bearish indicators, lack of strong volume, and the downward pressure from moving averages, the market sentiment does not favor a bullish outlook. Therefore, a Sell rating is appropriate, as the potential for further declines appears significant, especially if the price fails to hold above the recent low of $0.112406.