US30 is currently testing a macro-level resistance zone that has historically reversed price sharply. The current market behavior hints at a bearish rejection, with a projected move toward 37K first, and potentially 34K later, if broader market sentiment shifts risk-off. This setup provides a favorable risk-reward ratio for swing short traders, especially if confirmed by price action triggers in the coming days.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.