US30 Technical Outlook – 07/07/2025

📍 US30 Technical Outlook – 07/07/2025

The bulls are holding it down 💪
We’re pushing back near the top of the range — New high at 45,018 tapped!
Price is comfortably riding above both EMAs (20 & 50), showing strong trend continuation 🚀

🧠 Key Observations:

Clear breakout from previous consolidation (44,700 zone)

New higher high → momentum remains intact

EMAs continue to act as dynamic support (especially 44,688 area)

📊 Key Price Zones:

🔼 Resistance: 45,018 → Next psychological level: 45,200

🔽 Support: 44,688 → 44,500 → 44,250

📈 Trade Setup Ideas:

🔹 Long Setup (Primary Play):

Pullback entries near 44,688 EMA zone

Confirmation: Bullish engulfing or bounce on 15min/1H

Targets: 45,000 → 45,200

SL: Below 44,500

🔻 Short Setup (Cautious/Counter):

Only if strong rejection from 45,018 with breakdown back below 44,700

Target: 44,500 → 44,250

Lower TF confirmation required