US30 | Outlook – Rejection at Key Resistance

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US30 | Outlook – Rejection at Key ResistanceUS Wall St 30OANDA:US30USDSroshMayiUS30 | Overview The price pushed higher and reached the 49590 resistance level, exactly as highlighted in the previous idea. Price is now trading below 49590. As long as it remains below this level, bearish pressure is favored, targeting 49390, followed by 49050. A confirmed 4H candle close above 49590 would invalidate the bearish scenario and shift momentum back to bullish, opening the way toward 49960 and 50100. Market Structure Below 49590: Bearish continuation toward 49390 → 49050 Above 49590 (4H close): Bullish reversal toward 49960 → 50100 Key Levels Pivot Line: 49590 Resistance: 49960 – 50100 Support: 49390 – 49050 – 48840 previous idea: