US30 - Stabilized in Bearish Zone with Key Levels and Scenarios

Technical Analysis: US30

Current Outlook: The US30 has stabilized in a bearish zone, confirmed by the 4-hour candle closing below the support line at 40,650.

Bullish Scenario: To initiate an uptrend, the price must break above 40,650, potentially reaching 40,800 and further towards 41,050.

Bearish Scenario: As long as the price remains below 40,650, it indicates a continued downtrend towards 40,420, especially following the recent correction.

Key Levels:
- Pivot Line: 40,650
- Resistance Levels: 40,820, 41,050, 41,300
- Support Levels: 40,420, 40,060, 39,800

Today's Expected Trading Range: The price is anticipated to fluctuate between the support level at 40,060 and the resistance level at 41,050.
Supply and DemandSupport and ResistanceTrend Analysis

my free signals channel telegram

t.me/Srosh_signals

~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%

SM World and Economy News 24/7
Urgent News ⚡️:

t.me/SM_News_24h
Aussi sur:

Clause de non-responsabilité