US30 Bearish Structure Holding | Liquidity Targets Below 46,500US 30CAPITALCOM:US30Dylan-TradesUS30 continues to respect a clear bearish market structure after failing to hold above previous resistance levels. Price has been forming a sequence of lower highs and lower lows, confirming downside momentum remains dominant. Recent movement shows price rejecting the pullback area while remaining below the descending trend structure. The key observation here is that the market continues to react around the Fibonacci retracement levels, particularly the 38.2%–61.8% region which has acted as resistance during the pullbacks. This area is currently acting as a supply zone, and as long as price remains below it, the bearish bias remains intact. What I'm watching now: • Rejection from the pullback zone • Continuation within the descending structure • Liquidity draw toward the previous lows If the current structure holds, the next downside targets are: TP1: 46,700 – Local support liquidity TP2: 46,500 – Previous low liquidity pool TP3: 46,366 – Major liquidity level below A break and hold below the current support structure could accelerate downside momentum toward these levels. However, if price manages to reclaim the pullback area above 47,200–47,400, the bearish scenario weakens and the market could shift toward a deeper retracement. For now the trend structure remains bearish, and patience is key while waiting for confirmation around these levels. For traders following US30, Gold (XAUUSD) and FX markets: I share daily market structure breakdowns, liquidity levels, and live trading sessions inside my trading community. The Discord community focuses on: • Gold and US30 market structure • Liquidity sweeps and BOS setups • Live trading sessions • Key levels across Forex and Indices If you're interested in following these setups in real time, you can find the community link in my TradingView profile.