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#ena Ethena (ENA) is showing signs of a potential trend reversal following a major fundamental shift. As of April 9, 2026, ENA trades near **$0.087**, recovering from a recent low of **$0.076**. The rally is driven by Ethena Labs’ strategic overhaul of its USDe reserve, which slashed perpetual futures exposure to 11%, pivoting instead toward real-world assets and institutional lending partnerships with Coinbase and Anchorage Digital.
Technically, ENA faces immediate resistance at **$0.098**. While the daily chart shows a bullish engulfing pattern, the long-term trend remains cautious as the token stays below its 50-day moving average. Investors should watch the $0.085 support level closely.
$ENA