ETH/USDT timeframes (12h, 6h, 30m, and 3m)

12h Chart

Strong bullish momentum.

MACD: Strong positive divergence, MACD line well above the signal.

RSI: Overbought (77.15), which suggests the potential for a short-term pullback.

Price Above EMA 7, 25, 99: Strong uptrend confirmation.

6h Chart

Bullish, but starting to slow down.

MACD: Still bullish, but histogram bars are shrinking.

RSI: Also overbought at 71.62.

Volume Spike: Indicates recent buying climax—could lead to consolidation or minor correction.

30m Chart

Pullback starting after recent high at 2879.

MACD: Flattening.

RSI: Dropped to 37.66 — nearing oversold.

Price Breaking Below EMA 7: Short-term weakness.

3m Chart

Clear bearish reversal.

MACD: Negative territory.

RSI: Oversold at 22.54.

Lower Highs & Lower Lows: Short-term downtrend.

Short-Term (next few hours): Bearish / Consolidation

Price is correcting after overbought conditions.

Short-term RSI and MACD show signs of weakness.

Mid-Term (6h–12h): Bullish Bias

Macro structure is still up.

Pullbacks might be opportunities to buy dips.

Trade Plan

If you're not in a position (ideal for scalping or short-term swing):

Long Setup (buy-the-dip strategy)

Entry: $2,800–$2,810 (watch for support confirmation on lower timeframe like 5m/15m)

Stop Loss: $2,775 (below recent minor support)

Target 1: $2,860

Target 2: $2,880+

Strong higher timeframe trend, and short-term indicators show potential bottoming.

Short Setup (risky counter-trade or hedge):

Entry: $2,830–$2,840 (if price tests resistance again)

Stop Loss: $2,860

Target: $2,790

Overbought conditions on 12h/6h, MACD momentum slowing.

Use only 1–2% of your capital per trade.

Reduce size if volatility increases.

Avoid trading during news events.

$ETH