The #DRIFTUSDT pair is currently in a strong uptrend. The price has been steadily rising over the past few hours, and the momentum appears to be strong.

The current support level is around 1.85 USDT. The immediate resistance level is at 2.07 USDT.

The Bollinger Bands are expanding, indicating increased volatility. The price is currently above the upper band, suggesting strong bullish momentum.

The Relative Strength Index (RSI) is currently above 70, indicating overbought conditions. This suggests that the price may be due for a correction or consolidation phase in the short term.

Based on the current chart analysis, here's a possible scenario for the next 4 hours:

♦ Short-Term Correction: Given the overbought RSI and the recent rapid price increase, it's likely that the price might experience a short-term correction or consolidation phase. This could bring the price back towards the support level around 1.85 USDT.

♦ Continued Upward Movement: However, if the bullish momentum persists and the support level holds, the price could continue its upward trend and potentially break the resistance level at 2.07 USDT.

Important Considerations:

♦The cryptocurrency market is highly volatile, and sudden price movements can occur due to various factors like news, market sentiment, and technical indicators.

♦ It's essential to practice proper risk management techniques, such as setting stop-loss orders to limit potential losses.

This analysis is based on the current chart patterns and technical indicators. It's not a financial advice and should not be taken as such. Always conduct your own research and consult with a financial advisor before making any investment decisions.