US Wall St 30

US30 Falling Wedge Breakout Setup – Bullish Momentum Building?

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📊 US30 (Dow Jones) Falling Wedge | Bullish Breakout Incoming? 🚀

🔍 Chart Analysis:

US30 is currently trading within a falling wedge pattern on the 1-hour timeframe. This formation typically signals a potential bullish breakout as selling pressure weakens.

📈 Key Levels to Watch:

✅ Breakout Zone: ~41,600 (upper wedge resistance)
✅ Next Resistance: 42,830 (100 SMA on 4H timeframe)
✅ Support: 40,800 (lower wedge support)

🎯 Trade Idea:

A confirmed breakout above 41,600 with strong volume could push price toward 42,830 and beyond.

Failure to break out may result in further consolidation within the wedge before a breakout attempt.


📢 What’s Your Take?

Do you see a breakout happening soon, or will US30 remain stuck in this wedge a bit longer? Drop your thoughts in the comments!

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