ETH/USDT – 30M – BUY

The 30-minute chart for ETH/USDT has fired a cluster of bullish signals, including a BOP Zero Cross Up, CCI exiting oversold, a bullish STOCH KD cross, and an RSX oversold entry. These momentum oscillators suggest that selling pressure is abating and that a rebound is underway. The appearance of a Southern Doji, alongside the HMA and ZLMA retreating upward, adds a candlestick and trend-retreat confirmation, reinforcing the short-term bullish case. However, the broader picture is mixed: the 15-minute and 30-minute timeframes are still in a bearish trend-forming phase, while the 1-hour is bearish and choppy. In contrast, the 2-hour through 12-hour timeframes are bullish but choppy, and the daily is in a solid uptrend. This divergence implies that the immediate bounce may be counter-trend within a larger bullish structure, and its sustainability depends on whether price can reclaim higher timeframes.

Key levels to watch are the nearest resistance at 2748.60 and support at 2668.40. A decisive break above resistance would signal that the short-term bearish phase is ending and that the higher-timeframe bullish momentum is reasserting itself. Conversely, losing the support level would invalidate the bullish signal and likely lead to a continuation of the downtrend. The strength of the signal is very strong, but given the conflicting lower-timeframe trends, traders should wait for confirmation and manage risk carefully.