US30 Poised for Bullish Surge: Key Levels and Scenarios to WatchTechnical Analysis: US30
After stabilizing above the pivotal zone at 39,410, the price has shifted towards a bullish trend. It appears poised for a retest of the 39,410 level, after which it is expected to resume its upward movement, provided it maintains stability above this pivot.
Current Outlook:
The price will likely attempt a retest of around 39,400. Should it stabilize above this price, the bullish trend is expected to continue.
Bullish Scenario:
Sustained stability above 39,410 will bolster the bullish trend, potentially driving the price towards 39,575, and further to 39,780.
Bearish Scenario:
A bearish trend would be confirmed if the price breaks below 39,410 and 39,350, with targets at 39,230 and 39,045.
Key Levels:
- Pivot Line: 39,410
- Resistance Levels: 39,575, 39,780, 40,050
- Support Levels: 39,230, 39,045, 38,790
Today's Expected Range:
The price is anticipated to fluctuate between the support at 39,360 and the resistance at 39,790.