Sei (SEI) is currently trading at $0.142981, exhibiting a slight 24-hour change of 0.14871%. The price has oscillated between a daily high of $0.154912 and a low of $0.140318, reflecting a daily range of 0.014594%, which indicates low volatility.

The trading volume over the past 24 hours stands at 116,564,818, contributing to a volume-to-market cap ratio of 12.80%. This relatively high volume suggests active trading, yet the price movements remain subdued, indicating that buying pressure is not translating into significant upward price action.

Technical indicators show that Sei is trading below several key simple moving averages (SMAs), with the 8-period SMA at $0.1511 indicating a decline of 5.40%. The 1-hour RSI is at 42, while the 7-day RSI is also at 42, indicating that the asset is currently in a bearish momentum zone and may be approaching oversold conditions.

On a longer time frame, Sei has experienced notable price declines with a 7-day price change of -16.35%, a 14-day price change of -10.73%, and a 30-day price change of -29.60%. This consistent downtrend reflects underlying selling pressure, which has yet to find significant support to stabilize the price.

The all-time high for Sei was $1.14 on March 16, 2024, which suggests that the current price is approximately 87.5% lower than its peak. This substantial drawdown may lead to speculative buying opportunities, but the current technical indicators do not support a bullish reversal at this moment.

Based on the current data, Sei exhibits bearish momentum with continued selling pressure and resistance levels significantly above the current price. Therefore, the rating is a Sell due to the lack of bullish signals and the prevailing downtrend across multiple time frames.