US30 Technical Breakdown โ€“ 12/02/2025

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๐Ÿ“ US30 Technical Breakdown โ€“ 12/02/2025

US30 pulled back from the 47,700โ€“47,800 resistance zone after a strong rally, with price now hovering just above the 47,300 structure level. Bulls are still holding the broader trend, but short-term momentum has clearly cooled as EMAs flatten and price retests key intraday support ๐Ÿ”๐Ÿ“‰.

๐Ÿ“Š Market Behavior:
๐Ÿ”น Strong rejection from 47,780 โ€“ sellers defending this level hard
๐Ÿ”น EMAs tightening โ†’ momentum slowing after the pump
๐Ÿ”น Bulls holding 47,300 for now, but losing it opens deeper downside

๐Ÿ“Œ Key Levels:

๐Ÿ”น Resistance:
47,560 โ†’ intraday reaction zone
47,780 โ†’ major supply / rejection point
48,000 โ†’ psychological level + next liquidity pocket

๐Ÿ”น Support:
47,300 โ†’ immediate support (currently being tested)
46,960 โ†’ next demand zone
46,242 โ†’ major structural support from last week

๐Ÿง  Bias:
Neutral-to-bullish while above 47,300 ๐Ÿ“ˆ
๐Ÿ“ˆ Break back above 47,560 โ†’ continuation toward 47,800โ€“48,000
๐Ÿ“‰ Break below 47,300 โ†’ opens path to 47,000 โ†’ 46,960 โ†’ 46,240

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