ETH/USDT – 30M – SELL

The 30-minute ETH/USDT chart has fired a cluster of bearish signals, including a Trendline Break Up, Ascending Triangle, and multiple zero-line crosses (BOP, CCI, MOM, ROC, ROCR) alongside a MACD Signal Cross Down. These together suggest a potential short-term reversal or pullback after an uptrend, with momentum shifting from bullish to bearish on the 30M timeframe. The pattern and indicator confluence point to selling pressure building, but the overall trend across higher timeframes remains predominantly bullish, especially on the 1D (solid trend) and 30M (solid trend), which creates a conflicting backdrop.

Key levels to watch: the nearest support at 1855.50 is critical. A break below this level could confirm the bearish reversal and open the door for further downside, while a failure to break it might see the uptrend resume. The 15M and 1H trends are still bullish but forming, suggesting the bearish signal could be a temporary correction. The 8H and 12H are bearish, adding some weight to the bearish case. Traders should monitor whether price respects the support or breaks it to gauge the strength of this signal.