$ETH

🟢 General Trend:

Upward in the short term.

Important resistances have been broken, and the recent candles indicate strong buying momentum.

---

📊 Moving Averages (MA):

MA 7 = 2,669 is higher than MA 25 = 2,551 and higher than MA 99 = 2,572.

Indicates a Golden Cross and support for an upward movement.

---

🔍 Momentum Indicators (RSI):

RSI(6) = 81.95 → In the Overbought area.

RSI(14) = 73.81 → Also overbought, which may indicate a possible correction soon.

---

📉 MACD Indicator:

DIF = 49.93, DEA = 20.80 → Positive crossover with widening gap.

Indicates strength in the upward momentum.

---

🔁 Volume:

Clear increase in trading volume with the rise, supporting the validity of the movement.

---

🔻 Support and Resistance:

Current resistance: 2,798

Nearby support: 2,635 then 2,543

---

✅ Conclusion:

The market is in a strong upward wave driven by clear buying momentum.

However, due to the RSI reaching overbought levels, we may witness a slight correction or a technical pullback before continuing the rise.

Good buying areas are after any correction towards 2,635 – 2,543