ETH/USDT – 30M – SELL

The 30-minute chart has triggered a cluster of bearish signals against a backdrop of broader bullish trends. The Bearish Engulfing candle and the Fibonacci Break UpTrend (24%) suggest that the recent upward move has stalled and that price has broken below a key Fibonacci retracement level, signaling potential further downside. The STOCHF KD Cross Down and BOP Zero Cross Down confirm weakening momentum and selling pressure, while the Resistance Level Retreat Down indicates that price has pulled back from a resistance zone. The ADX Trend Weak signal, however, cautions that the prevailing trend on this timeframe lacks strong directional conviction, so the bearish move may be corrective rather than the start of a new downtrend.

Across higher timeframes, the trend remains firmly bullish, with the 4H and 8H showing very strong trends (4/5) and the 12H and 1D solid (3/5). This creates a conflict: the 30M bearish signals are likely a pullback within a larger uptrend. Key levels to watch are the nearest support at 2355.71 and resistance at 2444.71. A break below support would confirm the bearish correction and could open the door to deeper losses, while a reclaim of resistance would invalidate the bearish setup and signal a resumption of the broader uptrend.