US30 Bulls Testing Resistance โ€“ Will 40,770 Hold or Break?

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Price is currently testing the 40,770 ๐Ÿ”ผ resistance zone after a strong bullish push. This level has previously acted as a key ceiling and could determine the next directional move. Price has been climbing steadily with higher lows, indicating bullish momentum.

Support at: 40,194 ๐Ÿ”ฝ, 39,070 ๐Ÿ”ฝ, 36,800 ๐Ÿ”ฝ

Resistance at: 40,770 ๐Ÿ”ผ, 41,552 ๐Ÿ”ผ, 42,540 ๐Ÿ”ผ

Bias:
๐Ÿ”ผ Bullish: A clean breakout and hold above 40,770 could open the path to 41,552 and 42,540.
๐Ÿ”ฝ Bearish: Rejection at 40,770 or a drop below 40,194 could signal weakness and send price back to 39,070.

๐Ÿ“› Disclaimer: This is not financial advice. Trade at your own risk.

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