The currency $ENA

is currently on a strong upward trend, let's analyze it step by step:

1. The general trend

It is clear from the chart that the price is in a strong upward wave with successive breakouts of resistance levels.

The EMA averages (7, 25, and 99) are all arranged in an upward order, and the price is above them, which is a positive indicator.

2. Technical indicators

RSI is around 72 → this means that the currency is in the overbought area and a correction or profit-taking might happen soon.

The trading volume is very high compared to previous days, which reinforces the strength of the current movement but also increases the likelihood of volatility.

3. Supports and resistances

Nearest support: 0.7480 then 0.7300

Nearest resistance: the last peak 0.7610, and if it breaks with a strong candle close, we might see a rise towards 0.78 – 0.80.

4. Near-term expectation

If the price stays above 0.7480, it may continue to rise.

But if it starts to drop and breaks 0.7480 with a close, it may enter a correction towards 0.73.

📌 Summary:

The market is currently rising but is overbought; it’s best to monitor the reaction at 0.7610, and if it fails to break, we might see a short corrective drop before any new rise.