๐ US30 Technical Breakdown โ 12/02/2025
US30 pulled back from the 47,700โ47,800 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 ๐๐.
๐ Market Behavior:
๐น Strong rejection from 47,780 โ sellers defending this level hard
๐น EMAs tightening โ momentum slowing after the pump
๐น Bulls holding 47,300 for now, but losing it opens deeper downside
๐ Key Levels:
๐น Resistance:
47,560 โ intraday reaction zone
47,780 โ major supply / rejection point
48,000 โ psychological level + next liquidity pocket
๐น Support:
47,300 โ immediate support (currently being tested)
46,960 โ next demand zone
46,242 โ major structural support from last week
๐ง Bias:
Neutral-to-bullish while above 47,300 ๐
๐ Break back above 47,560 โ continuation toward 47,800โ48,000
๐ Break below 47,300 โ opens path to 47,000 โ 46,960 โ 46,240
US30 pulled back from the 47,700โ47,800 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 ๐๐.
๐ Market Behavior:
๐น Strong rejection from 47,780 โ sellers defending this level hard
๐น EMAs tightening โ momentum slowing after the pump
๐น Bulls holding 47,300 for now, but losing it opens deeper downside
๐ Key Levels:
๐น Resistance:
47,560 โ intraday reaction zone
47,780 โ major supply / rejection point
48,000 โ psychological level + next liquidity pocket
๐น Support:
47,300 โ immediate support (currently being tested)
46,960 โ next demand zone
46,242 โ major structural support from last week
๐ง Bias:
Neutral-to-bullish while above 47,300 ๐
๐ Break back above 47,560 โ continuation toward 47,800โ48,000
๐ Break below 47,300 โ opens path to 47,000 โ 46,960 โ 46,240
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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.
