US30 Crashes With Potential Short-Term Pullback Signals

US30 Analysis – March 18

US30 crashes with potential short-term pullback signals. The US30 chart reflects a bearish sentiment, supported by key technical indicators. The 9-day Simple Moving Average (SMA) is positioned around $41,770, serving as dynamic resistance. Price remains below this level, confirming continued downward momentum. The Relative Strength Index (RSI) is approximately 38, suggesting oversold conditions, though not yet indicating a strong reversal. If RSI stays below 40, the bearish trend is likely to continue with limited bullish activity.

US30 Key Levels

Resistance Levels: $43,000, $45,100, $47,000
Support Levels: $41,680, $39,980, $38,400

US30 Long-Term Trend: Bearish

The price action confirms a downward trend, marked by recent lower highs and lower lows. The current price hovers around $41,750, struggling to break above the $41,770 SMA level. A slight bullish retracement is underway, with key Fibonacci retracement zones near $42,350 and $42,760 acting as resistance. Strong support is found around $40,660, and a break below this level could increase selling pressure, driving the index toward $39,980 and $38,400.
In the near term, a corrective bounce toward $42,350 may occur before another decline. If the price fails to hold above $42,760, the bearish trend is expected to continue. A potential scenario includes rejection at these resistance zones, followed by a retest of $40,660. If selling pressure intensifies, a deeper move toward $39,980 is likely, a level closely monitored by those seeking accurate forex signals.

US30 Short-Term Trend: Bearish

US30 is currently undergoing a bullish retracement on the four-hour chart, approaching the $42,800 supply zone. The 9-day SMA near $41,570 offers short-term support, but the broader trend remains bearish.
RSI at 56 signals mild bullish momentum, though it is not yet in overbought territory. Should the price be rejected from the $42,800 zone, it may resume its decline toward the $39,980 support level.

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