DAX Returns to a Key Support Area

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DAX Returns to a Key Support AreaGERMAN STOCK INDEX (DAX)TVC:DEU40Yong726Market Structure The DAX remains in a broad sideways structure with a neutral short-term bias. The recovery from the March low created a series of stronger lows, but the index has repeatedly failed to build a sustained breakout above the 25,200–25,700 region. Recent price action reflects a balanced market rather than a clear trend. Buyers continue to defend the lower part of the range, while sellers remain active near the recent highs. A confirmed move outside the current range would provide a clearer directional signal. Key Resistance Zone First resistance: 25,000–25,200 This is the nearest resistance area and an important short-term pivot. A move back above this zone would suggest that buyers are beginning to regain momentum. Second resistance: 25,450–25,700 This area includes the recent swing highs and remains the main supply zone on the current chart. Price has struggled to hold above this region, making it the key breakout area for the bullish case. Major resistance: 25,900–26,100 This is the next broader resistance zone above the recent highs. A sustained move above this area would strengthen the medium-term bullish structure and confirm a more meaningful breakout. Key Support Zone First support: 24,700–24,850 This is the nearest and most important short-term support area. Price is currently testing this zone, and holding above it would keep the current consolidation structure intact. Second support: 24,300–24,500 This area has produced several recent buying reactions and remains an important structural support. A break below it would increase the risk of a deeper correction. Major support: 23,800–24,000 This is the lower boundary of the broader recovery structure. If the price falls below this zone, the medium-term outlook would weaken more clearly. Market Sentiment Market sentiment is currently neutral with a cautious bearish bias. The repeated rejection near the highs has reduced bullish momentum, while the latest pullback shows that sellers remain active. However, the index is still holding above important structural support. Above 25,200, short-term recovery momentum may improve. Below 24,700, bearish pressure may increase. Please share your view below: Will the DAX defend the 24,700–24,850 support zone and recover toward 25,700? Or will sellers break support and push the index toward 24,400? More market structure and key level updates will be shared regularly.