US30 Bouncing Back – 23/04/2025

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🚀 US30 Bouncing Back – 23/04/2025 🚀
📈 Dow Showing Strength Off the Lows!
After bottoming near 38,400, US30 surged back above the key 38,955 level and is now consolidating just below 40k. Short-term trend has flipped bullish 📊.

🔍 Key Observations:
✅ Higher low confirmed
📈 Strong bullish impulse off 38,400
🔄 Retesting EMA support as price consolidates
📍 Still under major resistance at 40,701

🎯 Trade Plan:
🔹 Bullish bias above 38,955
🚀 Long setups valid on break & close above 40,000 → target 40,701 / 41,200
❌ Rejection from here could form a lower high → watch for bearish divergence

🧠 Psych Note: Don't chase this late rally — wait for confirmation above resistance or a pullback for re-entry.

Feragatname

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