$ETH

📈 Updated Technical Analysis

• Resistance Break: The price has surpassed the resistance level of $2,600 earlier today, indicating strong upward momentum.

• Positive Chart Pattern: A 'bullish flag' pattern has formed on the daily chart, supporting the likelihood of a continuing upward trend.

• Relative Strength Index (RSI): It stands at 68 on the 4-hour timeframe, indicating that the market is nearing the overbought territory, which could be followed by a temporary correction.

⸻

🎯 Upcoming Targets:

• First Target: $2,738 (previous high)

• Second Target: $3,000 - $3,100 (technical resistance)

• Third Target: $3,600 (extended target if upward momentum continues)