📈 #ETH / USDT on the rise!
The hourly chart shows a confident growth of Ethereum:
🔹 The price has broken all key EMAs — 7, 25, and 99.
🔹 RSI(6) is in the overbought zone (80+), indicating the strength of the bulls.
🔹 MACD shows a continuation of the upward momentum.
🚀 The current target — $2660 has already been reached. The next resistance level — $2766.
🛡️ Support is forming around $2590.
💡 An interesting point for traders: if it consolidates above $2660, a long position can be considered with a short stop under $2590.
📊 Stay alert — overbought conditions are not eternal, but for now, the momentum is with the buyers.
DYOR