US30 | Holding Support – Ready for the Next Leg Up?📊 US30 (Dow Jones) – Technical Analysis (4H Chart)
🔹 Market Outlook:
Price is trading within an ascending channel, indicating a bullish bias while above key support levels.
The pivot zone at 44,404 is acting as a critical level to maintain bullish momentum.
A break above 44,756 - 44,926 will confirm further upside potential.
🔥 Bullish Scenario:
✅ As long as price holds above 44,404 - 44,570 → Bullish trend remains intact!
📌 Targets:
📍 44,756 (first resistance)
📍 44,926 (next key resistance)
📍 45,099 - 45,323 (major resistance zone & ATH area)
⚠️ Bearish Scenario:
❌ A 4H close below 44,404 could trigger a deeper correction.
📌 Support Targets:
📍 44,260 (first support zone)
📍 43,910 (strong demand area)
📍 Below 43,763 = deeper pullback likely
🔑 Key Levels:
📍 Pivot Zone: 44,404 - 44,570
📍 Resistance: 44,756 | 44,926 | 45,099 - 45,323
📍 Support: 44,404 | 44,260 | 43,910
📌 Conclusion:
✅ Bullish momentum holds above 44,404, targeting 44,756+.
🚀 Break above 44,926 will open the door for a test of 45,099 - 45,323.
⚠️ Drop below 44,404 = possible correction to 44,260 - 43,910.
💬 Do you think we push to new highs or see a pullback first? Drop your thoughts! 👇🔥
