US30: Key Levels and Bearish Outlook Below 44410Technical Analysis
The price has dropped approximately 320 pip, as mentioned in the previous analysis, and has now stabilized below 44410. This supports a bearish outlook, with the next target being 44130. A break below 44130 with a 4-hour or 1-hour candle close will confirm further downside to 43900.
To signal a bullish correction, the price needs to break above 44410 by closing a 4-hour candle above this level, potentially targeting 44590.
Key Levels:
Pivot Point: 44410
Resistance Levels: 44590, 44750, 44920
Support Levels: 44270, 43900, 43760
Trend Outlook:
Bearish below 44410, with targets at 44130 and 43900.
Bullish correction above 44410, targeting 44590.
PREVIOUS IDEA: