$ENA price action shows intriguing potential amid market volatility. Ethena's synthetic dollar protocol offers unique yield opportunities, though smart contract risks remain. Currently trading at key support, this could be an entry point for swing traders. I'm watching two factors: 1) TVL growth across integrated platforms, and 2) adoption of USDe in DeFi ecosystems. The recent 15% surge suggests accumulating interest, but proper risk management is essential. My strategy combines small long-term holdings with careful position sizing. With protocol upgrades coming, ENA deserves watchlist space. How are others playing this? Share your technical or fundamental takes before the countdown ends.