๐จ US30 Trade Outlook โ 28/03/2025 ๐จ
๐ Market Structure & Key Levels
US30 is holding just above key support at 42,159, after a sharp rejection from the 42,787 - 42,872 resistance zone. Current price action suggests potential for a breakdown if buyers donโt step in.
๐ Key Observations:
๐ป Bearish Pressure โ Lower highs forming + rejection from supply
๐น Critical Support: 42,159
๐ป Break below = downtrend continuation
๐น If held = range/reversal potential
๐ฏ Trade Plan:
๐ป Short below 42,159 โ Target 41,529 โ 41,462
๐น Long only if strong bounce above EMAs & 42,400 reclaimed
โก๏ธ Let the level guide you. Stay disciplined.
๐ Market Structure & Key Levels
US30 is holding just above key support at 42,159, after a sharp rejection from the 42,787 - 42,872 resistance zone. Current price action suggests potential for a breakdown if buyers donโt step in.
๐ Key Observations:
๐ป Bearish Pressure โ Lower highs forming + rejection from supply
๐น Critical Support: 42,159
๐ป Break below = downtrend continuation
๐น If held = range/reversal potential
๐ฏ Trade Plan:
๐ป Short below 42,159 โ Target 41,529 โ 41,462
๐น Long only if strong bounce above EMAs & 42,400 reclaimed
โก๏ธ Let the level guide you. Stay disciplined.
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.
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.