US30 / Bearish PressureTechnical Analysis
The price dropped based on my previous analyses
Today, US30 is expected to consolidate between 44270 and 43900 until a breakout occurs.
The price has stabilized below the zone between 44,400 and 44,270, indicating a potential decline toward the 43,900 and 43,760 levels. A break below these levels would likely trigger a further drop toward the 43,350 level, However, before this decline, the price may undergo a correction toward the 44,270 level.
Alternatively, if the correction continues toward the pivot level at 44,400 and successfully breaks it, the bullish momentum is likely to strengthen significantly.
Key Levels:
Pivot Point: 44270
Resistance Levels: 44410, 44590, 44750
Support Levels: 43900, 43760, 43490
Trend Outlook:
Bearish Momentum
