Technical analysis by Chetan_alpha about Symbol ETH on 7/9/2025

🔥 *ETHUSD – The Trapdoor Breakout*(*Accumulation + Fakeout + Momentum Burst*)---🧠 **Technical Breakdown:**✅ **Strong horizontal support** formed around \~\$2,360 (green zone) – multiple bounces with clear accumulation signs✅ **Clean resistance zone** at \~\$2,520 acted as a ceiling, with several failed breakout attempts (red arrows)✅ **Fake breakout trap** occurred under support (classic bear trap), swept stop-losses before sharp reversal✅ Price now **successfully broke the mid-resistance** with strong momentum – currently targeting the upper supply zone near **\$2,880**💡 **Key Technical Elements:*** Classic **range accumulation** between \$2,360–\$2,520* **Liquidity sweep + reversal** = smart money entry* **Strong breakout candle** confirms demand takeover* Immediate resistance cleared → upside continuation likely