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ETH broke down from a rising wedge 5 days ago on heavier than normal volume under a weekly downtrend. Above $2476.07 the break has failed.

ETH-USD · DAILY · read on 2026-09-02 · Broke below $2476.07 5 days ago on heavier than normal volume. No retest yet.

What the read found

Trend: a series of higher highs and higher lows over the window, 4 steps across 88 bars, still intact
Formation: rising wedge — Broke below $2476.07 5 days ago on heavier than normal volume. No retest yet.
Decides above: $2476.07 (the breakout)
Decides below: $1971.68 (the measured move)
Resistance: $2532.71
Level history: The last four times price reached $2532.71 it held every time, bouncing 6.9% on average.

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Every figure on this page was computed from the real candles up to 2026-09-02. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns