Cessna 150 pilot reported a NMAC when climbing out on departure an overtaking aircraft which had reported them in sight passed 300 ft. over them.

Narrative

While departing ZZZ; a P28B departed Runway XX after me and reported my aircraft 'in sight' on takeoff; tower advising him that both aircraft were straight out departures. After I checked in with departure on flight following; controller advised me to level at 2500 ft. due to overtaking traffic. I was at 2600 ft. and climbing. I leveled/descended to 2500 ft. and between 30 seconds to 1 minute later the aircraft passed directly over me. ADS-B said 300 ft. above. My ADS-B did not register the conflict until after the controller had informed me to level off. I appreciate the controllers awareness and timely call. As the aircraft being overtaken; I have the right of way; but also the responsibility to avoid other aircraft. In a VFR situation; I will now be making a slight course alteration on straight-out departures to prevent flying an exactly straight out departure as my C150 will almost always be the slower aircraft and others will likely fly the straight out heading. I am unsure if the other aircraft knew where I was; or truly saw me on departure. They were not on flight following and later in the flight flew through an active restricted area. Based on the frantic tone and jumbled radio calls with Tower when they were cleared for takeoff; I believe this was a rusty pilot with poor situational awareness. Many thanks again to the controller working departure over this morning for helping preventing a collision.