US30 | Inverted Hammer at Key Supply Zone – Reversal or Breakout

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US30 just printed an inverted hammer on the 4H at a major supply zone (44,550–44,600). This is a critical decision point:

✅ Bearish Case:
If price rejects and closes back below 44,530, sellers could take control with targets at 44,380 → 44,180 → 44,020.

✅ Bullish Fakeout:
If price breaks and holds above 44,620, expect a push toward 44,700 and 44,900.

📌 What I’m Watching:

Rejection candle + bearish close → short entries.

Strong breakout candle with retest → long continuation.

Key Levels:
🔴 Resistance: 44,550–44,600
🟢 Support: 44,380 → 44,020

⚠️ Manage risk carefully. Volatility is high and liquidity hunts are common in this zone.

💬 Do you think we reject here or break out higher? Drop your thoughts below!

#US30 #DowJones #PriceAction #SmartMoney #TradingView #TechnicalAnalysis #IndicesTrading

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