Ethereum consolidating at resistance - Can it break?Ethereum / TetherUSBINANCE:ETHUSDTDukesMarketAnalysisWeekly resistance cluster above Price pushing into a heavy zone from ~$2,623+ with the 200 EMA sitting right inside → strong overhead supply Current range behaviour Price holding around ~$2,386 resistance, repeatedly testing but not breaking cleanly Trend structure Higher highs and higher lows still intact → medium-term structure remains bullish Momentum + signals 21/8 EMAs bullishly crossed, but RSI stuck around 50 and Stoch near oversold → momentum neutral, not impulsive Invalidation level A break below ~$2,252 would signal a change of character and weaken the current bullish structure In Summary Ethereum is pressing into a strong resistance zone above $2,600, with the 200 EMA adding further confluence. Price is currently holding just below $2,386, repeatedly testing resistance without a clear breakout. Structure remains bullish with higher highs and higher lows, supported by bullish EMA positioning. However, momentum is neutral, with RSI near 50 and Stoch near oversold. A break below $2,252 would signal a potential shift in structure and weaken the bullish outlook.