<ul><li>Ethereum (ETH) has entered an accumulation phase below a key resistance zone, signifying consolidation before a potential breakout.</li><li>ETH is currently retesting the confluence zone of the 50 EMA and 100 EMA, with the Stochastic RSI rebounding from oversold territory, indicating a possible momentum shift.</li><li>Traders are monitoring whether ETH can sustain the accumulation zone and support from EMAs to test the overhead resistance zone or face a deeper pullback.</li><li>In case of a breakout, key levels to watch for ETH include $2,858 as the immediate resistance, followed by $3,360–$3,659 and potentially $4,100 and $4,863 as upside targets.</li></ul>

Ethereum Enters Strategic Pause: Will Accumulation Below Resistance Spark A Surge?

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