US30 (Dow Jones) – Major Supply Zone Rejection!

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🔵 Key Zones in Focus:

42,082.00 – Major Supply Zone (price struggling here for days – exhaustion signs)

40,207.78 – Support level with potential for short-term bounce

37,757.73 – High Volume Node / Demand Zone, strong buyer reaction area from May



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📌 Technical Breakdown:

Price is facing heavy resistance at the upper blue zone (Supply) – no breakout yet!

Multiple failed attempts to break above = distribution in progress?

Volume dropping near highs → early warning of trend exhaustion

Clean downside structure setup with two clear bearish targets



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🎯 Trade Idea:

📉 Sell Bias unless price breaks and closes above 42,100 with volume

First Target: 40,207

Second Target: 37,757 (Demand Cluster)



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