#Sei is showing a bearish pattern specially on its 1h time frame.
Usually, after a series of sell off/buy off then the price consolidates without any move at all then the 20 MA (orange line) catch up with the price. It will continue the trend in whichever is the direction.
And that direction for SEI is downward or in bearish. The best suggestion that I can offer is to wait for the 20 MA to catch up to the price to make sure that the pattern is completed before opening any short position. Any irregularities with the pattern should be considered as it may cause a trend reversal against the short side.
I suggest to do your research and don't base your trading decision in a single article or chart/tools or entity.
That's for today, good luck and happy hunting!!
