US30 Consolidation Zone – Breakout Imminent Above 40850

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US30 Technical Overview

The price is currently consolidating between 40850 and 40235, awaiting a breakout.

A 1h candle close above 40850 would confirm bullish momentum, targeting 41210 and 41560.
On the other hand, sustained trading below 40235 would support a bearish move toward 39612.

The market shows a bullish bias, driven by recent comments from President Trump regarding tech products.

Key Levels:
• Pivot Line: 40610
• Resistance: 40850 / 41250 / 41560
• Support: 40235 / 39990 / 39615

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