US30: Bullish Breakout Amid Geopolitical De-escalationUS 30CAPITALCOM:US30fullpriceactionThe Dow Jones (US30) moved sharply higher following a major geopolitical development, as the United States and Iran agreed to a temporary ceasefire, easing tensions and restoring investor confidence. From a technical perspective, the market had been trading within a clear downtrend, defined by a well-respected descending trendline. Recently, price action broke above this trendline, signaling a potential shift in momentum. A key support zone around 46,500 held firmly, acting as a base for the current bullish move. The breakout was accompanied by strong buying pressure, suggesting increased market participation. In the short term, a pullback toward this former resistance—now acting as support—remains possible before continuation. If bullish momentum persists, the next target lies near the major resistance zone around 50,000, which could act as a key level for further price reaction.