ENA ($Ethena)** is showing strong bearish momentum in the short term:

📉 Technical Summary – ENA (Real-Time)

$ENA

- Price: ~$0.6227

- RSI (14): 27.13 → Oversold, but still in sell zone

- MACD: Bearish crossover, momentum declining

- ADX (14): 49.67 → strong trend strength, but direction is down

- Moving Averages (MA5 to MA200): All showing sell signals

- Indicators Summary:

- Buy: 0

- Sell: 11

- Neutral: 0

→ Strong Sell** across all timeframes (1h, 5h, Daily)

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Unless there's a sudden narrative catalyst or whale intervention, **ENA is likely to continue downward pressure** in the next few hours. RSI is oversold, which could lead to a short-term bounce, but the broader setup suggests caution.

@Ethena Labs #ENA