CHART BREAKDOWN US30: Key Levels, Targets and Thoughts!🎯

Brief Description🖊️:

The chart provides insights into critical market levels, emphasizing an essential demand zone (medium-risk buy zone) spanning from 39013 to 38975. Additionally, medium-risk sell zone between 40050-40090, respectively, are highlighted.

Things I Have Seen👀:


Medium-Risk Buy Zone🟠: Noted between 39013 and 38975, suggesting another area with moderate risk for potential buying positions.

Medium-Risk Sell Zone🟠: Noted between 40050 and 40090, suggesting another area with moderate risk for potential selling positions.


Bearish Targets📉:

40000: Possible retracement area.
39900: Possible retracement area.
39800: Area with laying low liquidity.
Ultimate Target: 39600- Essential Demand Zone



Bullish Targets📈:

39300: Possible retracement area.
39560: Possible retracement area.
39700: Possible retracement area.
39850: Possible retracement area.
40100: Area with a lot of liquidity.


What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.