ETH signal flips to WAIT as momentum stalls near resistance

## Momentum takes a backseat Ethereum just slammed the brakes. After cruising at a high-conviction BUY score of 91, the momentum has evaporated, leaving us with a neutral 48/100 WAIT signal. It’s a sharp pivot from the $1565.06 level we saw recently. Now sitting at $1563.76, the price action suggests the market is second-guessing its next leg up. The technical shift isn't a fluke. We're seeing a direct confrontation with key moving averages that aren't providing the support bulls hoped for. When the score drops by nearly half in a single window, smart money stops chasing and starts watching the sidelines. ### The moving average squeeze The chart looks crowded. Ethereum is currently trading below its MA50 of 1577.7, which is acting like a heavy lid on price action. It's even further away from reclaiming the MA200 at 1635.98. Until we see a sustained push back above that 50-day line, the path of least resistance remains downward or sideways at best. We also have to look at the RSI(14), which is sitting at a lukewarm 42.9. This isn't oversold territory where you'd expect a violent bounce; it’s a zone of indecision. It tells us the buying pressure that fueled the previous run has completely dried up, but the sellers haven't quite panicked yet. It's a stalemate.