US30 Technical Breakdown – 07/24/2025

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US30 Technical Breakdown – 07/24/2025Dow Jones Industrial Average CashFX:US30h4rVeyπŸ“ US30 Technical Breakdown – 07/24/2025 πŸ”₯ New highs achieved β€” 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 πŸ‘‡ πŸ“Š Current Market Structure: βœ… Series of higher highs & higher lows βœ… EMA 9 > EMA 21 > Price (bullish structure) βœ… Breakout from range: 44,867 β†’ 45,082 🧱 Minor resistance at 45,050–45,082 ⚠️ Watch for pullback to 44,750–44,800 zone πŸ”‘ Key Levels: πŸ”Ό Resistance: 45,050 β†’ 45,082 (fresh supply zone) 45,200+ (blue sky if broken) πŸ”½ Support: 44,867 (former resistance turned support) 44,734 (EMA confluence) 44,450–44,600 (demand zone) 🧠 Market Bias: πŸ“ˆ 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 πŸ”„ πŸ’‘ Potential Trade Setups: πŸ“ˆ Breakout Buy (Momentum Entry): Entry: Above 45,100 TP1: 45,200 TP2: 45,300 SL: Below 45,040