#BTCvsETH The OM/USDT chart on the 4-hour timeframe reflects a clear technical breakout of the resistance level around 0.2500, followed by a quick acceleration in the upward trend reaching 0.2741, indicating a clear buying strength. The bullish pattern consists of a series of long green candles, showing the buyers' dominance in the market.
Technical indicators such as the Relative Strength Index (RSI) suggest entering the overbought territory, which may indicate the possibility of a near-term correction. There is also strong momentum observed that pushed the price to easily break through previous resistances, which could pave the way for testing the 0.2800 level and then 0.3000 if the trend continues.
The current technical support is between 0.2500 and 0.2400, which is an important level for maintaining the upward trend. It is advisable to monitor trading volume as the rise continues to confirm the sustainability of buying strength and avoid price traps.
