Sei (SEI) is currently trading at $0.088766, reflecting a 5.49% increase over the last 24 hours, with a daily high of $0.089929 and a low of $0.082487. The daily trading range indicates a volatility of 0.007442%, which, combined with a volume of 50,897,482, gives a volume-to-market cap ratio of 8.67%, suggesting active trading relative to its market size.

The short-term moving averages present a mixed picture; the 8 SMA at $0.0874 shows a positive trend of +1.57%, while the longer-term 144 SMA at $0.0957 indicates a decline of -7.23%. The 1-hour RSI is at 70, indicating potential overbought conditions, while the 7-day RSI at 38 suggests that the asset is nearing oversold territory after a significant decline of nearly 27% over the past month.

Fundamentally, Sei's recent price performance shows a strong recovery from the lows, but it remains significantly below its all-time high of $1.14 reached on March 16, 2024. Given the current bearish momentum reflected in the 7-day and 14-day price changes, alongside the mixed signals from the moving averages, caution is warranted for short-term traders.

Considering the current technical indicators, the recent positive price action could indicate a potential short-term rally, but the overbought RSI and longer-term bearish trends suggest that upward momentum may be limited. Therefore, the recommendation for Sei (SEI) is to Hold, as investors should wait for clearer signs of sustained recovery or further downside risk before making new positions.