📍 US30 Technical Breakdown – 11/04/2025
US30 faced heavy selling pressure after rejecting the 48,000 psychological resistance 🚫 The index has been in a steady decline since, currently sitting near 46,950, testing the mid-range structure support 👀
📊 Market Behavior:
🔹 Clean rejection from 48,000 → clear short-term shift in sentiment
🔹 Price trading below both EMAs → momentum favoring sellers
🔹 47,000 area acting as temporary support — watch for a bounce or breakdown
📌 Key Levels:
🔹 Resistance Zones:
47,400 → intraday EMA resistance
47,700 → lower high zone
48,000 → key breakout barrier
🔹 Support Zones:
46,900 → current structure support
46,520 → major demand area
46,000 → deeper correction level
🧠 Bias:
Short-term bearish ⚠️
➡️ Below 46,900 → sellers in control
⬆️ Break above 47,400 → potential reversal zone
US30 faced heavy selling pressure after rejecting the 48,000 psychological resistance 🚫 The index has been in a steady decline since, currently sitting near 46,950, testing the mid-range structure support 👀
📊 Market Behavior:
🔹 Clean rejection from 48,000 → clear short-term shift in sentiment
🔹 Price trading below both EMAs → momentum favoring sellers
🔹 47,000 area acting as temporary support — watch for a bounce or breakdown
📌 Key Levels:
🔹 Resistance Zones:
47,400 → intraday EMA resistance
47,700 → lower high zone
48,000 → key breakout barrier
🔹 Support Zones:
46,900 → current structure support
46,520 → major demand area
46,000 → deeper correction level
🧠 Bias:
Short-term bearish ⚠️
➡️ Below 46,900 → sellers in control
⬆️ Break above 47,400 → potential reversal zone
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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.