CAC @ 8,346: The 7.6/10 Wall at 8,377 vs Strong 8,331 FloorFrance 40 CashIG:CACProjectSyndicate▪️ CAC M30 SNAPSHOT — EXECUTIVE SUMMARY ▪️ the DAX is basing near 8,346, leaning on a shelf that buyers have repeatedly defended. Structure is coiling, with a firm floor beneath price and a stack of supply overhead. ▪️ Primary outlook is neutral-to-constructive — 8,331 is the line in the sand. Defended, it keeps the recovery intact; forfeited, it hands the initiative back to sellers. ▪️ Key resistance zone: 8,377, tagged 37 times and likely to cap the first attempt. Above that sits 8,424, then 8,454. ▪️ Major defense line: 8,331 — a strong level at 25 retests. As long as it caps the downside, dips are for buying, not chasing. ▪️ Primary downside targets if it cracks: 8,275, followed by 8,238, where resting liquidity sits. ▪️ Major liquidity magnet below: 8,275–8,238 — a test here tends to draw a sharp reaction. ▪️ Bullish scenario: A daily close back above 8,377 flips the tape and targets 8,424, then 8,521. ▪️ KEY LEVELS RESISTANCE ▪️ 8,521 — ★ 4.6 Weak · 6 retests ▪️ 8,495 — ★ 4.1 Weak · 14 retests ▪️ 8,454 — ★ 4.4 Weak · 13 retests ▪️ 8,424 — ★ 4.7 Weak · 24 retests ▪️ 8,377 — ★★★ 7.6 Strong · 37 retests ▪️ Current Price: 8,346 SUPPORT ▪️ 8,331 — ★★★ 7.9 Strong · 25 retests ▪️ 8,275 — ★★★ 7.9 Strong · 38 retests ▪️ 8,238 — ★★ 7.0 Moderate · 46 retests ▪️ ProjectSyndicate Levels Desk — Overview of key S/R zones for CAC, DAX, UK100. NVDA, NQ, ES & GC traders every week. Subscribe to stay up to date with the latest levels.