DAX 40 4H — Pullback After a Breakout SpikeGERMAN STOCK INDEX (DAX)TVC:DEU40Yong726DAX 40 4H — Pullback After a Breakout Spike: Can Buyers Defend 24,800? Market View DAX 40 is currently trading around the 25,000–25,100 area on the 4H chart. After moving sideways for several weeks, the index made a sharp breakout attempt above the 25,600–25,800 zone, but the move quickly lost momentum and price pulled back toward the previous consolidation area. This kind of price action shows that buyers are still active, but the market is not in a clean continuation phase yet. The recent spike higher was strong, but the rejection from the upper zone suggests that sellers are still defending the highs. Right now, DAX 40 is sitting near an important short-term support area. If buyers can defend the 24,800–25,000 zone, the index may attempt another recovery toward the upper resistance area. If this zone fails, the market could return to a deeper consolidation structure. Key Areas From a market structure perspective, DAX 40 is still in a broader bullish-to-neutral structure. The index has recovered strongly from the March low and has been holding above the previous mid-range support areas. However, the latest rejection from the higher zone shows that bullish momentum is not fully confirmed. The first key resistance zone is 25,300–25,600. This is the nearest area where sellers may appear again. If DAX can break above this zone, the next major resistance area is 25,800–26,000. A sustained move above 26,000 would be an important bullish signal and could open the way toward 26,400–26,800. On the downside, the nearest key support zone is 25,000–24,800. This area is important because price is currently trying to stabilize around it. If buyers defend this zone, the short-term recovery structure may remain valid. Below that, the next support zone is 24,500–24,300. A deeper break below this area could weaken the current structure and bring DAX back toward 24,000–23,800. Forward Outlook For the bullish scenario, DAX 40 needs to hold above 25,000–24,800 and break back above 25,300–25,600 with confirmation. If this happens, buyers may push the index toward 25,800–26,000. If momentum remains strong above 26,000, the next upside target could be 26,400–26,800. That would confirm that the recent pullback was only a temporary reaction after the breakout spike. For the bearish scenario, if DAX fails to hold 24,800, short-term pressure may increase. In that case, price could move lower toward 24,500–24,300. A clean break below 24,300 would suggest that the recent breakout attempt has failed, and the index may fall back toward 24,000–23,800. Market Sentiment Market sentiment is currently neutral to cautiously bullish. The broader structure still has a bullish foundation, but the rejection from the upper zone has made buyers more cautious. DAX needs to defend 24,800 and recover above 25,600 to rebuild stronger upside momentum. Above 25,600, bullish momentum may improve. Above 26,000, breakout continuation may strengthen. Below 24,800, short-term correction risk may increase. Please share your view below: Will DAX 40 defend the 24,800–25,000 support zone and recover toward 25,800–26,000? Or will sellers push the index below support and bring the price back toward 24,300?