US30 — Support Holding or Further Drop? Key Levels To Watch

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US30 (Dow Jones) — 4H Chart

Price is currently hovering around a key support zone near 37,000 after a strong bearish impulse.

Scenarios I'm Watching:

▸ Bullish Scenario:
If the support zone holds and price reclaims 37,500 — I would look for price to retest the 38,300-38,800 zone.
A clean break and hold above 39,500 could open doors towards the 40,000-41,000 resistance area.

▸ Bearish Scenario:
If price fails to hold this support, and breaks below 36,850 — I expect further downside towards the next key supports:

35,800

34,500

33,000

Trading Plan:

Waiting for clear price action confirmation at this support zone.

Will avoid trading in the middle of the range — prefer breakout or retest setups.

Levels marked on chart for clarity.

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Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.


Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.