US30 Reaches Target, Eyes Key Support and Resistance Levels

24 Haz

Technical Analysis: US30

The price has reached our target of 39360 after stabilizing above the previous support line at 39045.

• Current Outlook:
  The price may attempt a retest toward 39045 but should stabilize below 39400 and 39360.
  
  
• Bullish Scenario:
  For a bullish trend, the price needs to break above 39410, aiming for targets of 39575 and 39780.
  
  
• Bearish Scenario:
  Stability below 39360 will support a bearish trend toward 39230, and further decline to 39045.
  
  
• Key Levels:
  - Pivot Line: 39360 - 39410
  - Resistance Levels: 39575, 39780, 40050
  - Support Levels: 39230, 39045, 38790
  
  
• Today's Expected Range:The price is expected to move between the support at 39045 and the resistance at 39575.
  
  previous idea: