๐ US30 Technical Outlook โ 06/25/2025
Big move! ๐ Price broke out of the 42,054โ42,100 consolidation and rallied aggressively into the key 43,100โ43,150 resistance zone.
๐ง Key Observations:
Clean bullish breakout above 42,100 โ
Price now sitting at 43,120โ43,150 supply ๐
EMAs sharply turned bullish (42,808 and 43,038 levels)
๐ Key Price Zones:
๐ผ Major Resistance: 43,150 โ 43,300
๐ฝ Support: 42,800 โ 42,600 โ 42,100
๐ Trade Setup Ideas:
๐น Long Bias:
โPullback into 42,800โ42,600 support
โโ Look for bullish structure & continuation signals
โโ Target: 43,150 โ 43,300
๐ป Short Bias:
โLook for strong rejection candles at 43,150โ43,300
โโ Intraday scalp short back toward 42,800
โโ Break below 42,800 could target 42,600 or even 42,100
โผ๏ธ Momentum is clearly bullish for now, but this is a major supply zone so caution on chasing late longs.
Big move! ๐ Price broke out of the 42,054โ42,100 consolidation and rallied aggressively into the key 43,100โ43,150 resistance zone.
๐ง Key Observations:
Clean bullish breakout above 42,100 โ
Price now sitting at 43,120โ43,150 supply ๐
EMAs sharply turned bullish (42,808 and 43,038 levels)
๐ Key Price Zones:
๐ผ Major Resistance: 43,150 โ 43,300
๐ฝ Support: 42,800 โ 42,600 โ 42,100
๐ Trade Setup Ideas:
๐น Long Bias:
โPullback into 42,800โ42,600 support
โโ Look for bullish structure & continuation signals
โโ Target: 43,150 โ 43,300
๐ป Short Bias:
โLook for strong rejection candles at 43,150โ43,300
โโ Intraday scalp short back toward 42,800
โโ Break below 42,800 could target 42,600 or even 42,100
โผ๏ธ Momentum is clearly bullish for now, but this is a major supply zone so caution on chasing late longs.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.