US30 | Daily Technical Outlook
Market Structure
US30 30 is currently trading within a corrective phase after failing to sustain upside momentum near recent highs. The index experienced a sharp recovery from late-December lows, but buying pressure has slowed significantly as price approaches a major resistance zone.
The rebound from the 47,700–47,800 area was impulsive, signaling strong dip-buying interest. However, the advance has stalled near 48,250, where sellers have begun to re-enter the market, keeping price capped and shifting the structure into consolidation.
Key Resistance Zone
The primary resistance is located at 48,250 – 48,300, a level that has repeatedly rejected price and capped recent upside attempts.
Additional resistance levels:
- 48,500
- 48,900 – 49,000 (major breakout and trend-continuation zone)
As long as US30 remains below 48,300, upside momentum is limited, and the risk of a pullback remains elevated.
Key Support Zone
Immediate support is seen at 48,000, a psychological and short-term structure level.
Below this, stronger support zones are located at:
- 47,700 – 47,800 (key H4 structure support)
- 47,300 (trend-defining support)
A decisive break below 47,700 would weaken the bullish structure and signal a deeper corrective phase.
Expectations
Bullish Scenario (Primary)
If price holds above 48,000 and breaks cleanly above 48,300, bullish momentum could resume, opening the door toward:
- 48,500
- 48,900 – 49,000
A sustained move above 49,000 would confirm trend continuation on the daily timeframe.
Bearish Scenario (Alternative)
Failure to reclaim 48,300 followed by a break below 48,000 could trigger a corrective move toward:
- 47,700 – 47,800
- 47,300
A breakdown below 47,300 would shift the broader outlook to neutral-to-bearish.
Outlook
US30 remains in a broader bullish trend, but short-term price action shows signs of exhaustion below a critical resistance zone. Buyers need a confirmed breakout above 48,300 to regain control, while a loss of 48,000 would likely trigger a deeper pullback toward lower support levels.
