#ETH/USDT

#ETH

The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it

We have a bounce from the lower limit of the descending channel, this support is at a price of 2660

We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise

We have a trend to stabilize above the moving average 100

Entry price 2694
First target 2735
Second target 2773
Third target 2828