US30 Stuck at Resistance โ€“ 28/04/2025

56
๐Ÿ›‘ US30 Stuck at Resistance โ€“ 28/04/2025 ๐Ÿ›‘
๐Ÿ“ˆ Big Bounce โ€” But Stuck Below Key Resistance!
US30 has made a strong recovery from 38,000s, but now itโ€™s consolidating right under the 40,260 - 40,360 resistance zone. The bulls are trying to hold above 40,000, but momentum is stalling โšก.

๐Ÿ” Key Observations:
๐Ÿ”น Price hovering around 40,000
๐Ÿ”น Major resistance = 40,260 โ†’ 40,360
๐Ÿ”น 40,701 is the "final boss" resistance zone
๐Ÿ”น EMAs (blue/white lines) starting to compress โ†’ โš ๏ธ squeeze coming soon!

๐ŸŽฏ Trade Plan:
๐ŸŸฐ Range between 39,800 - 40,360
๐Ÿ”ป If we reject and lose 39,800 โ†’ look for short plays targeting 39,200/38,955
๐Ÿš€ If we break and close above 40,360 โ†’ clean upside toward 40,700+

๐Ÿง  Mindset Reminder:
โšก Tight ranges = avoid overtrading
โšก Wait for breakout confirmation โ†’ momentum will come

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.