๐งจ US30 Rejected at Resistance โ 24/04/2025 ๐งจ
๐ False Break Above 40k โ Sellers Step In!
Price failed to sustain above the 40,000 psychological level and got rejected near 40,360, confirming that sellers are still active around the key 40,701 zone. Weโre seeing a lower high forming after that pop ๐จ.
๐ Key Observations:
โ Rejection at 40,360
๐ Lower high structure forming
๐ป Weak bounce and now pulling back under 39,500
๐ Support around 38,955 - watch closely
๐ฏ Trade Plan:
๐น Bears in control short-term
โ ๏ธ Watch 38,955 zone โ if that breaks โ 38,250 / 37,000 in play
๐ฅ Short entries valid below 39,200 with tight risk
๐ Bulls need a reclaim above 40,000 to regain control
๐ง Psych Tip: Don't FOMO into longs yet โ wait for a reclaim or break structure short.
๐ False Break Above 40k โ Sellers Step In!
Price failed to sustain above the 40,000 psychological level and got rejected near 40,360, confirming that sellers are still active around the key 40,701 zone. Weโre seeing a lower high forming after that pop ๐จ.
๐ Key Observations:
โ Rejection at 40,360
๐ Lower high structure forming
๐ป Weak bounce and now pulling back under 39,500
๐ Support around 38,955 - watch closely
๐ฏ Trade Plan:
๐น Bears in control short-term
โ ๏ธ Watch 38,955 zone โ if that breaks โ 38,250 / 37,000 in play
๐ฅ Short entries valid below 39,200 with tight risk
๐ Bulls need a reclaim above 40,000 to regain control
๐ง Psych Tip: Don't FOMO into longs yet โ wait for a reclaim or break structure short.
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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.