Cryptocurrency

Ethereum enters a strategic pause: Will the accumulation below surge in resistance?

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In the post shared On X by Unichartz X, it is worth noting that Ethereum (ETH) has developed a clear bullish structure characterized by a series of high (HH) and high (HL), a classic signal of upward momentum. However, after moving upward, ETH now enters the accumulation phase below the critical resistance zone, which shows that market Mergering is being made before the next potential breakthrough.

EMA Confluence Zone Retest: Critical Decision Point Ethereum

According to Unichartz Ethereum Driving is currently at a critical tech moment as it retests the confluence of 50 EMA and 100 EMA, a region that has historically been a strong area of ​​demand. This overlap of exponential moving averages is often dynamically supported, and its correlation further emphasizes a random RSI rebound from the oversell area, which may indicate a changing momentum.

Analysts suggest that if ETH manages to hold the accumulation zone and support provided by EMAS, it may open another door to overhead testing. Resistance zoneor perhaps a breakthrough beyond the breakthrough. Traders may look for quantity confirmation and continuation patterns to verify any such upside movement.

Ethereum
ETH at Critical Moment | Source: Unichartz on X

On the other hand, the inability to maintain the area may indicate weakness and lead to deeper Pull backwhich may drag Ethereum to a lower support level that previously served as a stable area. This will mark a temporary shift in the market structure and attract more sales pressure in the short term.

Currently, Unichartz emphasizes that this field remains a key decision point. The upcoming price action will help shape Ethereum’s next targeted action, and traders should closely monitor whether the Bulls can defend EMAS or BEARS to regain control and force A break down.

If an ETH break occurs, the key level to watch

If there is a confirmed breakthrough above the current Accumulation area By converging with EMA, Ethereum can undergo a powerful upward continuation in advance. The first major level as a breakthrough trigger is the immediate limit on the recent advancement of $2,858 resistance zone.

Related Reading: Ethereum’s Flashing Bullish Morning Star Candlestick Pattern – Is the ETH Rally Beginning?

Clean movement above the area, especially as the volume increases, will mark a strong bullish intention. Once this resistance is cleared, the next key price level to watch is close to the $3,360-3,659 range, which was previously a short-term supply zone, may experience slight friction.

Ethereum
Source: thrusdt on TradingView

Beyond this may target psychological areas around $4,100. If momentum accelerates, $4,863 may be the next potential upward target.

Ethereum
ETH on 1D chart trading at $2,494 | Source: ethusdt on tradingview.com

Featured Images from Getty Images, TradingView.com Charts

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