Ethena (ENA) is currently priced at $0.125522, reflecting a 10.19% increase over the past 24 hours. The daily trading range of $0.015487 indicates significant volatility, with a 24-hour high of $0.129401 and a low of $0.113914.

Trading volume stands at approximately 190.79 million ENA, representing 18.48% of the market cap, which suggests a healthy level of market activity. The 1-hour RSI is at 71, indicating overbought conditions, while the 7-day RSI at 46 reflects a neutral stance, suggesting potential for further price movements.

Short-term moving averages are mixed; the 8 SMA shows a decline of 1.12%, while the 13 SMA is up by 0.70%, indicating a lack of strong bullish momentum. The 21 SMA has increased by 3.69%, signaling potential support, while the 55 SMA has a slight gain of 0.58%, and the 144 SMA is down by 5.84%, hinting at longer-term resistance levels.

Despite a recent rally, ENA's performance over the past week (-17.67%), two weeks (-28.58%), and month (-46.68%) suggests a bearish trend in the longer timeframe. The substantial decline from its all-time high of $1.52 further emphasizes the need for caution in the current market environment.

In summary, while there is short-term bullish momentum indicated by the recent price action and volume, longer-term indicators are less favorable. Therefore, the recommendation is to Hold ENA, as potential for further gains exists, but significant risks remain due to the broader downtrend and current overbought conditions.