Write a program in Python to check if a sequence is a Palindrome.

def is_palindrome(seq):

    seq = seq.lower()  # Convert to lowercase for case-insensitive check

    return seq == seq[::-1]

sequence = "racecar"  # Replace with your sequence

if is_palindrome(sequence):

    print(f"{sequence} is a palindrome.")

else:

    print(f"{sequence} is not a palindrome.")