Ethena (ENA) is currently priced at $0.138809, reflecting a 24-hour change of 0.69624%. The daily trading range has been relatively tight, with a high of $0.14403 and a low of $0.132481, indicating a volatility of approximately 8.62%.

Volume stands at 187,380,978, equating to a volume-to-market cap ratio of 16.89%, which suggests decent trading activity relative to its market capitalization. The hourly moving averages show a mixed sentiment, with the 55 SMA indicating a slight positive trend (+0.61%), while the 144 SMA reveals a significant downtrend (-8.51%) over a longer period.

The 1-hour Relative Strength Index (RSI) is at 52, indicating a neutral market condition, while the 7-day RSI is lower at 39, signaling potential bearish momentum. Additionally, price changes over the past week, two weeks, and month reflect significant declines of approximately -17.87%, -28.09%, and -42.64%, respectively, indicating ongoing selling pressure.

Ethena's all-time high of $1.52 reached in April 2024 underscores the current price's substantial downside potential. Despite a minor positive shift in the 24-hour metrics, the broader trend suggests that the asset remains under pressure, making a bullish reversal seem uncertain at this time.

Given the current analysis, the recommendation for Ethena (ENA) is a Sell. The recent downward momentum, combined with low RSI readings and significant price declines over multiple time frames, indicates that the asset may continue to face headwinds in the near term.