US30: Rejects Resistance – Bearish Move in ProgressWall Street, DailySPREADEX:DJIZuperViewThe DJI index is currently forming a bearish short-term structure, especially after price entered the Resistance Zone 1 (46,279 – 46,445) — a key area where sellers have clearly stepped in with strong rejection. 🚨 CLEAR REVERSAL SIGNALS At Resistance 1, we saw multiple rejection candles with strong bearish bodies. Additionally, the MA Plot has turned downward, signaling a possible shift in trend. Price also touched the 4-level structure zone of support/resistance, adding confluence to the area. Immediately after, the market reversed and dropped sharply with strong bearish candles, confirming the presence of selling pressure and strengthening the short bias. 📉 PREFERRED SCENARIO – SHORT WITH THE TREND With the current momentum, the preferred scenario is: 🔻 Price is likely to continue dropping toward the Support Zone: 45,459 – 45,798 This zone serves as a logical short-term target for any short positions taken at Resistance 1. Once price reaches this area, traders can consider partial or full take-profits, depending on market reaction. 🧠 TRADE IDEA Action: 🔻 Short Entry Zone: 46,279 – 46,445 Stop Loss: Above 46,550 Take Profit: 45,800 – 45,500 ✅ CONCLUSION US30 is under visible selling pressure after rejecting Resistance 1 and reacting strongly at multiple confluence levels. The technical setup favors a trend-following short strategy, with proper risk management and patience around key levels to confirm next moves. Please like and comment to support our traders. Your feedback motivates us to produce more analysis in the future 🙏✨