$ETH

Trading strategy on the 1-hour timeframe based on current technical indicators and price action:

1. Market Overview

• Current Price: ~91,600 USDT

• Trend: Strong bullish momentum

• Indicators:

• MACD: Histogram green and rising – bullish confirmation

• Stochastic RSI: Overbought (95–97), but not crossing down yet – strong momentum, but caution advised

• RSI (multiple timeframes): All overbought (88.6 on 6-period), signaling high momentum but potential exhaustion

• Price vs EMAs: Price is far above EMA21, EMA50, and EMA200 – very bullish

• Orderbook Heatmap : High liquidity zones above 92,000 and below 89,000 – these can act as magnets for price