US30 Technical Breakdown – 07/24/2025

📍 US30 Technical Breakdown – 07/24/2025

🔥 New highs achieved — bulls pushed straight through the 44,867 ceiling and tagged 45,082 before pulling back slightly. This is a key psychological level, and price is now consolidating just below.

We’ve officially shifted into breakout territory. Momentum is strong, and EMAs are fully bullish. But after such a run, we may be due for a retest or short-term correction. Let’s break it down 👇

📊 Current Market Structure:

✅ Series of higher highs & higher lows
✅ EMA 9 > EMA 21 > Price (bullish structure)
✅ Breakout from range: 44,867 → 45,082
🧱 Minor resistance at 45,050–45,082
⚠️ Watch for pullback to 44,750–44,800 zone

🔑 Key Levels:

🔼 Resistance:

45,050 → 45,082 (fresh supply zone)

45,200+ (blue sky if broken)

🔽 Support:

44,867 (former resistance turned support)

44,734 (EMA confluence)

44,450–44,600 (demand zone)

🧠 Market Bias:
📈 Still bullish, but extended.

Above 44,867 = continuation zone

Below 44,734 = momentum shift likely

Rejection at 45,082 could give scalpers a play short 🔄

💡 Potential Trade Setups:

📈 Breakout Buy (Momentum Entry):

Entry: Above 45,100

TP1: 45,200

TP2: 45,300

SL: Below 45,040