📍 US30 Technical Overview – 06/20/2025
After dropping below the 42,472 support zone, US30 is attempting a minor bounce from the 42,000 region. Momentum remains weak with EMA pressure overhead.
🧠 Key Observations:
Clean breakdown below 42,472 📉
EMA resistance still intact (42,085)
Weak recovery after tapping 41,900 area
📊 Price Zones:
🔼 Resistance: 42,472 → 42,600
🔽 Support: 41,900 → 40,983
📈 Trade Setup Ideas:
🔹 Long Bias:
Only if price breaks & holds above 42,472
→ Target: 42,700+
🔻 Short Bias:
Rejection from 42,085–42,100
→ Target: 41,900 → 41,200 → 40,983
🕵️♂️ Still inside a potential distribution phase. Stay patient — let price pick direction before sizing in!
After dropping below the 42,472 support zone, US30 is attempting a minor bounce from the 42,000 region. Momentum remains weak with EMA pressure overhead.
🧠 Key Observations:
Clean breakdown below 42,472 📉
EMA resistance still intact (42,085)
Weak recovery after tapping 41,900 area
📊 Price Zones:
🔼 Resistance: 42,472 → 42,600
🔽 Support: 41,900 → 40,983
📈 Trade Setup Ideas:
🔹 Long Bias:
Only if price breaks & holds above 42,472
→ Target: 42,700+
🔻 Short Bias:
Rejection from 42,085–42,100
→ Target: 41,900 → 41,200 → 40,983
🕵️♂️ Still inside a potential distribution phase. Stay patient — let price pick direction before sizing in!
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.
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.