#Ethereum Weekly Chart: Stuck in a Loop or Setting Up a Breakout?**
For five straight weeks, **$ETH** has been trapped in a **$2,450–$2,650** purgatory—refusing to commit to a trend. Every breakout attempt gets rejected like an overeager party guest.
### **Chart Breakdown:**
- **Support at $2,500** – Barely holding, but still alive.
- **Resistance at $2,550–$2,600** – The invisible wall ETH keeps faceplanting into.
- **Long upper wicks** – Buyers try, but sellers smack it down every time.
- **Descending trendline** – The ceiling ETH just can’t break.
### **Prediction (No Sugarcoating 🔥):**
- **If ETH fails to close above $2,600 soon**, expect a drop to **$2,350–$2,150** (that blue zone isn’t just for show).
- **If it finally breaks out?** Then we’re off to the races—better late than never.
Until then, #ETH isn’t trading—it’s trolling traders with hopium and frustration.**
#Ethereum #ETH #Crypto #Trading #BreakoutOrBreakdown