US30 Stuck at Resistance – 05/05/2025🛑 US30 Stuck at Resistance – 05/05/2025 🛑
📈 Strong Bounce – But Watch This Supply Zone!
US30 ripped from the 36,700s all the way back above 41,000 🔥 — but now we’re seeing price stall just under a major resistance zone at 41,200–41,300. Bulls have full control for now, but signs of exhaustion are building 🥵.
🔍 Key Observations:
🔹 Price holding above 40,700 (key support)
🔹 41,200–41,300 = local resistance zone
🔹 42,359 = next major upside target 🎯
🔹 EMAs still bullish but starting to curve → 🌀 possible slowdown?
⚠️ Expect a squeeze or rejection play soon — market is winding up for the next breakout or pullback 💣.
🎯 Trade Plan:
🟰 Current range = 40,700 – 41,300
🔻 Lose 40,700 = retrace likely to 39,775, possibly 39,200
🚀 Break + close above 41,300 = upside open toward 42,359–42,787
🧠 Mindset Reminder:
🔁 Don’t chase highs! Wait for clean structure or rejection
⚡ When EMAs compress, expect volatility to explode
💎 Patience + plan = edge
