Sei (SEI) is currently priced at $0.129256, reflecting a 24-hour decline of 2.20%. The daily trading range has been tight, with a high of $0.13643 and a low of $0.128901, indicating a lack of significant volatility.

Volume stands at 88,310,558, equating to a volume-to-market cap ratio of 10.72%, which suggests moderate trading activity relative to its overall market cap. The hourly moving averages are predominantly bearish, with the 8 SMA at $0.1316 showing a decline of 1.77% and the 55 SMA at $0.1396 down 7.41%.

The 1-hour RSI is at 37, indicating that SEI is nearing oversold conditions, while the 7-day RSI at 42 supports this view but is not yet in the oversold territory. The price changes over the past week, 14 days, and 30 days show significant declines of 21.18%, 29.24%, and 32.06%, respectively, reflecting a persistent downward trend.

The all-time high for SEI remains at $1.14, reached in March 2024, highlighting the current price's substantial distance from its peak. This stark contrast indicates that sentiment around the asset has deteriorated significantly since its highs, contributing to the current bearish momentum.

Given the negative price trajectory and bearish moving averages, combined with relatively low RSI values indicating potential for further declines, the outlook for SEI remains cautious. With these factors in mind, a Sell rating is warranted, as the current market dynamics do not favor a short-term recovery.