US30 / Bearish Momentum After New ATH at 45,025

Technical Analysis

The price recorded a new ATH at 45,025 yesterday before dropping. It now shows a bearish volume, with potential targets at 44,530 and 44,400.

Bearish Scenario:
As long as the price trades below 45,020 and 44,830, the bearish trend is expected to continue toward 44,530 and 44,410, especially if it stabilizes below 44,790.

Bullish Scenario:
The price must stabilize above 45,050, confirmed by a 4-hour candle close, to target 45,200.

Key Levels:
Pivot Point: 44830
Resistance Levels: 44920, 45025, 45200
Support Levels: 44530, 44410, 44280