$ENA is gaining attention again as Ethena expands its institutional footprint. The new $1 billion secured lending facility with FalconX gives USDe another potential source of returns beyond traditional crypto funding strategies, which could strengthen the broader Ethena narrative. For me, the key setup is to avoid chasing the move. I’d watch for a pullback toward previous support, then look for bullish confirmation such as a higher low and renewed buying volume. If ENA holds its structure, continuation becomes more interesting; if support breaks, I’d stay patient rather than force a trade. Traders who don't want to commit all their capital upfront can consider Bitget’s borrow feature to optimize exposure, but borrowing also increases risk. The strategy should always match your risk management, entry confirmation, stop-loss level and overall market conditions. $ENA is worth watching, but the setup matters more than the hype. #BTC Correction Incoming?# $TAO