📍 US30 Update – 07/23/2025
The bulls are back in control 🚀
After consolidating below 44,450, we finally saw a strong breakout above the mid-range and EMAs. Price surged straight into the 44,760–44,867 resistance zone with strength, riding the 9/21 EMA crossover 🟢
We're now testing a major supply zone, so momentum traders should watch for a reaction here.
📊 Market Structure:
✅ Clean higher lows
✅ Breakout above 44,600 resistance
✅ EMAs aligned bullish on 1H
✅ Bullish engulfing + follow-through
🔑 Key Levels:
🔼 Resistance: 44,764 → 44,867
🔽 Support: 44,450 → 44,171
🧠 Market Bias:
Short-term bullish ✅
➡️ Holding above 44,600 = bullish continuation
➡️ Rejection at 44,867 = possible pullback/retest
💡 Trade Scenarios:
📈 Breakout Continuation (Aggressive Long):
Entry: Above 44,780
TP1: 44,867
TP2: 44,950
SL: Below 44,700
The bulls are back in control 🚀
After consolidating below 44,450, we finally saw a strong breakout above the mid-range and EMAs. Price surged straight into the 44,760–44,867 resistance zone with strength, riding the 9/21 EMA crossover 🟢
We're now testing a major supply zone, so momentum traders should watch for a reaction here.
📊 Market Structure:
✅ Clean higher lows
✅ Breakout above 44,600 resistance
✅ EMAs aligned bullish on 1H
✅ Bullish engulfing + follow-through
🔑 Key Levels:
🔼 Resistance: 44,764 → 44,867
🔽 Support: 44,450 → 44,171
🧠 Market Bias:
Short-term bullish ✅
➡️ Holding above 44,600 = bullish continuation
➡️ Rejection at 44,867 = possible pullback/retest
💡 Trade Scenarios:
📈 Breakout Continuation (Aggressive Long):
Entry: Above 44,780
TP1: 44,867
TP2: 44,950
SL: Below 44,700
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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.