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US30 Stabilizes Above Key Support Amid Geopolitical Tensions

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US30 – Overview

The price reacted modestly to ongoing Middle East tensions, reaching our previously mentioned pivot zone at 42160, then reversed and stabilized within the bullish territory.

Technical Outlook:
As long as the price holds above 42160, bullish momentum is expected to continue toward 42410.
A 1H close above 42410 would confirm further upside toward 42610 and 42810.

🔻 To shift into a bearish trend, the price must close below 42160 on the 1H or 4H timeframe, which could lead to a move down to 41780.

Key Levels:
• Pivot: 42310
• Resistance: 42410 / 42610 / 42810
• Support: 42160 / 41970 / 41780

Penafian

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