In a post shared At X by Unichartz it was noted that Ethereum (ETH) has developed a well -defined haisseatic structure, characterized by a series of higher heights (HH) and higher lowness (HL), a classic signal of upward momentum. But after this upward movement, ETH has now entered an accumulation phase just below a key resistance zone, suggesting that market consolidated before its next potential breakout.
EMA Confluence Zone Retest: Ethereum at decisive decision point
According to Unichartz, Ethereum Currently, navigates a decisive technical time when it tests the confluence zone for 50 EMA and 100 EMA, a region that has historically served as a strong demand. This overlap of exponential moving averages often acts as dynamic support, and its relevance is further emphasized by the stocastic RSI recovery from the assault territory, which can signal an incoming change in speed.
The analyst suggests that if ETH succeeds in keeping this accumulation zone and support from EMAS, it may open the door to another test of the cost resistance zoneOr potentially, a breakout beyond that. Traders are likely to look for volume confirmation and continuation patterns to validate such upward movements.
On the other hand, a failure to maintain this zone may signal weakness and lead to a deeper NakedPossibly drawing Ethereum towards lower support levels that have previously served as stabilization zones. This would mark a temporary change in the market structure and attract more sales prints in the short term.
At the moment, Unichartz emphasizes that this area remains a critical decision point. The upcoming price action will be crucial to design Ethereum’s next directional movement, and traders should carefully monitor if bulls can defend EMAS or bears regain control and force a breakdown.
Key levels to look at at an eth -breakout
In the event of a confirmed breakout over the power accumulation zone And EMA flow flow, Ethereum may be prepared for a strong upward continuation. The first major level that monitors, which acts as the breakout trigger point, is the immediate $ 2,858 resistance zone that has ended the latest progress.
Related Reading: Ethereum blinks haussearted Morning Star Candlestick pattern – is ETH rally running?
A pure feature above this area, especially with rising volume, would signal strongly raised intention. Once the resistance has cleared, the next Key price level To look at lies close to $ 3,360- $ 3,659 interval, which previously served as a short-term delivery zone and was able to present less friction.
Pressing beyond that can target the psychological zone about $ 4,100. If momentum accelerates, $ 4,863 can act as the next potential upward goals.
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