US30 Reversal Brewing? Key Demand Zone Holding Strong!

The Dow is reacting sharply from a key demand zone around 41,881 – 41,905, hinting at a potential short-term reversal.


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Technical Breakdown:

Demand Zone Held: Price bounced multiple times off the orange zone, signaling strong buyer interest.

Bullish Candles Forming: Current price action shows momentum shifting in favor of bulls.

Upcoming Target Zones:

42,145 – Minor resistance / possible take-profit for scalpers

42,398 – Major supply zone where sellers could re-enter




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Potential Scenarios:

1. Bullish Play:

Buy above 41,905 after a solid bullish candle close

First TP: 42,145

Second TP: 42,398

SL: Below 41,860



2. Bearish Rejection (Invalidation):

If the price fails to hold 41,880 support, expect a deeper push toward 41,700 and below





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Why It Matters:
We’re heading into a major U.S. data release (see calendar icon on chart). Volatility is expected, so watch this zone closely for a breakout or rejection!


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What’s Your Bias?
Scalping the bounce or waiting for confirmation? Drop your trade setups in the comments below!

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