US30 Trade Outlook โ 20/03/2025 ๐จ US30 Trade Outlook โ 20/03/2025 ๐จ
๐ Market Structure & Key Levels
US30 has been on a bullish run but is now facing resistance at 42,101. A strong rejection has pushed the price lower, testing key support zones.
๐ Key Observations:
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Bullish Attempt Faded โ Price pushed into resistance but faced strong selling pressure.
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Major Resistance โ 42,101 remains a critical level to break for further upside.
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Support Zone โ 41,600 - 41,700 is where buyers may step in to hold structure.
๐ฏ Trade Plan:
๐น Long if price bounces from 41,600 with bullish confirmation, targeting 42,100 - 42,600.
๐ป Short if price rejects 42,100 again or breaks below 41,600, targeting 41,400 - 41,200.
โก๏ธ Stay cautious and wait for confirmations! ๐