📍 US30 Technical Breakdown – 12/04/2025
US30 pushed back into the 47,950–48,000 resistance zone after a clean trend continuation, with price now stalling near the highs. Bulls remain firmly in control as EMAs continue to slope upward, but momentum is slowing as we approach a major supply area 🔍📈.
📊 Market Behavior:
🔹 Strong push into 48,000 → buyers testing major resistance
🔹 EMAs wide + rising → bullish momentum still intact
🔹 Small consolidation forming → early signs of exhaustion
🔹 Higher lows consistently defended → bulls still holding structure
📌 Key Levels:
🔹 Resistance:
48,000 → major psychological level + current rejection
47,955 → intraday supply (current stall zone)
47,780 → key prior breakout level
🔹 Support:
47,720 → immediate intraday support
47,560 → secondary support / EMA zone
46,960 → deeper demand if trend breaks
🧠 Bias:
Bullish while above 47,720 📈
📈 Break & hold above 48,000 → continuation toward 48,200 → 48,350
📉 Break below 47,720 → opens path to 47,560 → 47,300
US30 pushed back into the 47,950–48,000 resistance zone after a clean trend continuation, with price now stalling near the highs. Bulls remain firmly in control as EMAs continue to slope upward, but momentum is slowing as we approach a major supply area 🔍📈.
📊 Market Behavior:
🔹 Strong push into 48,000 → buyers testing major resistance
🔹 EMAs wide + rising → bullish momentum still intact
🔹 Small consolidation forming → early signs of exhaustion
🔹 Higher lows consistently defended → bulls still holding structure
📌 Key Levels:
🔹 Resistance:
48,000 → major psychological level + current rejection
47,955 → intraday supply (current stall zone)
47,780 → key prior breakout level
🔹 Support:
47,720 → immediate intraday support
47,560 → secondary support / EMA zone
46,960 → deeper demand if trend breaks
🧠 Bias:
Bullish while above 47,720 📈
📈 Break & hold above 48,000 → continuation toward 48,200 → 48,350
📉 Break below 47,720 → opens path to 47,560 → 47,300
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.