US30 - Bullish Momentum is under Control...Technical Analysis
The price was about to record a new ATH around 45200 before any dropping. It now shows a bullish volume, with potential targets at 45200 and 44,520.
Bullish Scenario:
As long as the price trades above 44930 and 44750, the bullish trend will continue toward 45200 and 45500
Bearish Scenario:
The price must stabilize under 44750, confirmed by a 4-hour candle close, to target 44400.
Key Levels:
Pivot Point: 44930
Resistance Levels: 45200, 45500, 45600
Support Levels: 44750, 44400, 44270
Trend Outlook:
Uptrend while above 44750 and 44920