US30: Critical Consolidation with Potential BreakoutUS30 Technical Analysis
The price is attempting to stabilize within the bullish zone by holding above 42,450.
Currently, the market is expected to consolidate between 42,590 and 42,450 until a breakout occurs. A 1-hour candle close below 42,450 would reinforce bearish momentum, targeting 42,230 and potentially 41,960. Conversely, sustained stability above 42,590 would favor a bullish push toward 42,770 and 42,910.
Key Levels:
Pivot Point: 42580
Resistance Levels: 42770, 42910, 43050
Support Levels: 42450, 42250, 41990
Trend Outlook:
- Bearish By stability below 42450
- Bullish by stability above 42590
previous idea: