ENA has rebounded to $0.5966 in the last 24 hours, following the launch of a rewards program by Ethena. Despite this recovery, the token remains under pressure after falling below the $0.61 support level. It now faces critical support at $0.5596, with the risk of a further decline to $0.50 if downward momentum persists. Ethena's new rewards program targets verified early participants, including ENA and USDe holders, rewarding them based on historical network activity. This initiative is designed to enhance community engagement, even as market attention remains on the token's technical resistance and support levels.