US30 Technical Outlook โ€“ 07/07/2025

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๐Ÿ“ US30 Technical Outlook โ€“ 07/07/2025

The bulls are holding it down ๐Ÿ’ช
Weโ€™re pushing back near the top of the range โ€” New high at 45,018 tapped!
Price is comfortably riding above both EMAs (20 & 50), showing strong trend continuation ๐Ÿš€

๐Ÿง  Key Observations:

Clear breakout from previous consolidation (44,700 zone)

New higher high โ†’ momentum remains intact

EMAs continue to act as dynamic support (especially 44,688 area)

๐Ÿ“Š Key Price Zones:

๐Ÿ”ผ Resistance: 45,018 โ†’ Next psychological level: 45,200

๐Ÿ”ฝ Support: 44,688 โ†’ 44,500 โ†’ 44,250

๐Ÿ“ˆ Trade Setup Ideas:

๐Ÿ”น Long Setup (Primary Play):

Pullback entries near 44,688 EMA zone

Confirmation: Bullish engulfing or bounce on 15min/1H

Targets: 45,000 โ†’ 45,200

SL: Below 44,500

๐Ÿ”ป Short Setup (Cautious/Counter):

Only if strong rejection from 45,018 with breakdown back below 44,700

Target: 44,500 โ†’ 44,250

Lower TF confirmation required

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