US30 Price Update – Clean & Clear Explanation

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US30 Price Update – Clean & Clear ExplanationUS 100CAPITALCOM:US100Pintu_sahu01US 30 is currently in a short-term uptrend within a rising channel, but price has reached a key supply/resistance zone near the recent highs 25,100–25,300 momentum is starting to slow after a strong bullish impulse. If the Strong breakout move from 24,200 pushed price aggressively upward after the impulse, price is now consolidating below resistance, forming a potential distribution phase Price is still respecting the ascending channel, but currently sitting in the upper half, where reversals often occur a breakdown below the channel support could shift structure bearish. KEY Levels to watch ; Resistance: 25,100 – 25,300 (major supply zone) Lower Support: ~24,200 and 23,800 (demand zones) US 30 is bullish overall but facing strong resistance, with signs of a potential short-term pullback before continuation. Ps; Support with like and comments for better analysis Thanks for Supporting.