US30: Rejects Resistance – Bearish Move in Progress

The DJI index is currently forming a bearish short-term structure, especially after price entered the Resistance Zone 1 (46,279 – 46,445) — a key area where sellers have clearly stepped in with strong rejection.
🚨 CLEAR REVERSAL SIGNALS

• At Resistance 1, we saw multiple rejection candles with strong bearish bodies.
  
• Additionally, the MA Plot has turned downward, signaling a possible shift in trend.
  
• Price also touched the 4-level structure zone of support/resistance, adding confluence to the area.
  
• Immediately after, the market reversed and dropped sharply with strong bearish candles, confirming the presence of selling pressure and strengthening the short bias.
  

📉 PREFERRED SCENARIO – SHORT WITH THE TREND
With the current momentum, the preferred scenario is:
🔻 Price is likely to continue dropping toward the Support Zone: 45,459 – 45,798
This zone serves as a logical short-term target for any short positions taken at Resistance 1. Once price reaches this area, traders can consider partial or full take-profits, depending on market reaction.
🧠 TRADE IDEA

• Action: 🔻 Short
  
• Entry Zone: 46,279 – 46,445
  
• Stop Loss: Above 46,550
  
• Take Profit: 45,800 – 45,500
  

✅ CONCLUSION
US30 is under visible selling pressure after rejecting Resistance 1 and reacting strongly at multiple confluence levels. The technical setup favors a trend-following short strategy, with proper risk management and patience around key levels to confirm next moves.

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