$ETH is coiling like a spring and somebody is about to get wrecked ๐Ÿงจโšก


They squeezed price into a symmetrical triangle while layering a descending wedge on top of it. Both patterns converging near the same zone around 2300-2325. That's not an accident. That's a trap being set, and the only question is whose stops get hunted first.


Price is pinned near the lower trendline right now at 2335. The wedge resistance sits at 2325, the triangle resistance at 2350. Two walls stacked close together. Late longs bought the dip into support. Late shorts piled in expecting the wedge to fail. Both sides are nervous. ๐Ÿ‘€


Above 2350 and the triangle breaks clean โ€” momentum toward 2380 opens up fast. ๐Ÿš€

Below 2300 the floor cracks and 2275 becomes the next stop. That's where bag-packers live.


The last candle closed bullish above the wedge resistance. No wick rejection, no hesitation. That's not a fakeout candle. That reads like smart money letting price breathe before the real squeeze fires upward. ๐Ÿ”ฅ


The overlap between wedge support and triangle resistance around 2300-2325 is exactly where retail gets confused and exits too early. This market is running a patience game, and the breakout above 2350 would confirm the triangle resolved in favor of bulls before anyone had time to react. ๐Ÿ“ˆ


โš  More analytics and education: ๐Ÿ‘‰ [ ย ย t.me/gainmuse]


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May 02, 2026 at 8:20 AM
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