US30 trading within a well-defined consolidation rangeUS 30CAPITALCOM:US30MR_GOLD_12US30 is currently trading within a well-defined consolidation range after experiencing a sharp downside move earlier in the month. Price action remains compressed between key support and resistance levels, reflecting indecision and a balance between buyers and sellers. Tecnically price react 49,200 – 49,300 continues to act as short-term support, where buyers have repeatedly stepped in to prevent further declines. On the upside, immediate resistance is seen near 50,000, followed by a stronger supply area around 50,300. A sustained breakout above 50,000 could trigger bullish momentum toward the 50,300 region and potentially extend higher if buying pressure accelerates. If the price failure to hold above the lower boundary of the range may expose the index to renewed downside pressure. For now, the market structure suggests range-bound trading, with traders closely watching for a decisive breakout to determine the next directional move. You may fund more details in the chart,\ Trade wisely best of luck buddies, Ps; Support with like and comments for better analysis Thanks for Supporting.