US30 - ATH Reached, Key Levels for Bullish and Bearish Moves
Technical Analysis
The price recorded a new ATH at 44,930, as anticipated. Now, it appears to be starting a bearish trend, though it is possible to touch 45,020 before the trend turns bearish.
Bullish Scenario: The price should stabilize above 44,930, confirmed by a 4-hour candle close above this level, in order to target 45,200.
Bearish Scenario: As long as the price trades below 45,020, it will remain bearish, with potential targets at 44,530 and 44,410, especially if the price stabilizes below 44,790.
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