#CryptoTrading.

📊Technical analysis (1 hour) $CYBER /USDT

1. Price Movement: The price has surged from approximately $1.78 to $3.404, a +76.83% increase, indicating strong bullish momentum. The current price is near the upper Bollinger Band (UP: 3.302), suggesting potential overbought conditions.

2. Bollinger Bands (20, 2): The price is testing the upper band (3.302), with the middle band (MB: 2.134) and lower band (DN: 0.966) showing the recent breakout. A move above the upper band could signal continued strength, but a reversal might occur if it fails to sustain.

3. Moving Averages: The 5-day MA (4,891,507.42) and 10-day MA (2,470,280.51) are rising, with the price well above both, confirming a short-term uptrend. The recent sharp rise suggests strong buying pressure.

4. MACD: The MACD (0.182) is above the signal line (DEA: 0.111), with the DIF (0.293) positive, indicating bullish momentum. The recent spike suggests the uptrend is gaining strength.

5. Stochastic RSI: Both STOCHRSI (75.175) and MASTOCHRSI (58.724) are rising, with STOCHRSI nearing overbought territory (>80). This suggests the rally may be due for a pullback or consolidation.

6. Volume: Trading volume (3,780,053.75) has increased significantly with the price surge, supporting the breakout and indicating strong market interest.

⚠️Conclusion: The chart shows a strong bullish trend with potential overbought signals from Bollinger Bands and Stochastic RSI. Watch for resistance near $3.69 or $5.508, and consider a possible pullback if momentum wanes.