US30 Key Levels: Breakout or Breakdown Ahead?US30 at a Crossroads: Will Coca-Cola Earnings Drive a Breakout or Breakdown?
📊 US30 Technical Analysis
The price has broken below the pivot line at 44,404, signaling potential bearish continuation. As long as it remains below this level, we can expect further downside.
🔻 Bearish Scenario:
If price stays below 44,404, the next target is 44,270.
A confirmed 4H close below 44,270 could accelerate the decline toward 43,910 and 43,763.
The descending channel structure suggests continued bearish movement unless a strong reversal occurs.
🔹 Bullish Scenario (Earnings Impact):
If price stabilizes above 44,404, driven by a positive reaction to Coca-Cola’s earnings, we may see a continuation toward 44,575 and 44,756.
A breakout above 44,926 would confirm a stronger bullish trend, targeting higher resistance levels.
Key Levels
Pivot Point: 44404
Resistance Levels: 44575, 44756, 44926
Support Levels: 44270, 44070, 43760
📢 Trend Outlook:
Bearish below 44,404 📉
Bullish breakout potential above 44,926 🚀
💬 Do you think US30 will hold 44,404 or break lower? Drop your thoughts in the comments! 👇🔥
