๐ US30 Stuck at Resistance โ 28/04/2025 ๐
๐ Big Bounce โ But Stuck Below Key Resistance!
US30 has made a strong recovery from 38,000s, but now itโs consolidating right under the 40,260 - 40,360 resistance zone. The bulls are trying to hold above 40,000, but momentum is stalling โก.
๐ Key Observations:
๐น Price hovering around 40,000
๐น Major resistance = 40,260 โ 40,360
๐น 40,701 is the "final boss" resistance zone
๐น EMAs (blue/white lines) starting to compress โ โ ๏ธ squeeze coming soon!
๐ฏ Trade Plan:
๐ฐ Range between 39,800 - 40,360
๐ป If we reject and lose 39,800 โ look for short plays targeting 39,200/38,955
๐ If we break and close above 40,360 โ clean upside toward 40,700+
๐ง Mindset Reminder:
โก Tight ranges = avoid overtrading
โก Wait for breakout confirmation โ momentum will come
๐ Big Bounce โ But Stuck Below Key Resistance!
US30 has made a strong recovery from 38,000s, but now itโs consolidating right under the 40,260 - 40,360 resistance zone. The bulls are trying to hold above 40,000, but momentum is stalling โก.
๐ Key Observations:
๐น Price hovering around 40,000
๐น Major resistance = 40,260 โ 40,360
๐น 40,701 is the "final boss" resistance zone
๐น EMAs (blue/white lines) starting to compress โ โ ๏ธ squeeze coming soon!
๐ฏ Trade Plan:
๐ฐ Range between 39,800 - 40,360
๐ป If we reject and lose 39,800 โ look for short plays targeting 39,200/38,955
๐ If we break and close above 40,360 โ clean upside toward 40,700+
๐ง Mindset Reminder:
โก Tight ranges = avoid overtrading
โก Wait for breakout confirmation โ momentum will come
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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.