$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.
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🎯 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)
