US30 (Dow Jones) 4H Analysis – Bearish Outlook Ahead?Trend Analysis:
🔸 The market is in a downtrend since early February.
🔸 Lower highs and lower lows indicate strong bearish momentum.
🔸 A recent break below support suggests further downside pressure.
📌 Key Support & Resistance Zones:
🟣 Resistance Zone (~41,500 - 41,300):
🔺 Price tried to retest but failed = Bearish signal 🚫
🟣 Support Zone (~40,000 - 39,800):
🔻 A minor support area before the next big level.
🔵 Major Target (38,821):
👉 If price keeps falling, it could reach this level 🔽
📊 Price Action & Prediction:
✅ Pullback to resistance → 🚀 Bears defending!
❌ If rejection holds → 📉 Drop expected towards 38,821.
🚦 A break above resistance? Trend might shift!
📌 Trading Idea:
🛑 Short below resistance if rejection holds.
🚀 Long only if resistance breaks convincingly.
⚠️ Stay cautious! Watch for confirmations 📊🔍
