US30 11th March 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 42,018

Price Context: US30 trades above immediate support at 41,814 and below resistance at 42,260.

📊 Key Levels & Technical Snapshot

Resistance Levels (Above DCMP):

R3: 44,873 🔴

R2: 44,151

R1: 43,705 🎯

Support Levels (Below DCMP):

S1: 41,814 🎯

S2: 41,091

S3: 41,022

Swing High/Low:

Recent Swing High: 45,050

Recent Swing Low: 42,352

📈 Technical Analysis

1. Fibonacci Alignment:

Critical retracement zones converge at S1 (41,814) and R1 (43,705), highlighting reversal probability.

2. Momentum Dynamics:

RSI: Neutral (55.2) but shows bearish divergence near overbought territory.

MACD: Bearish crossover below the signal line, indicating short-term downward pressure.

🚀 Intraday Trade Setups

Trade Idea 1: Intraday Buy

Entry: 41,814 🎯

Stop Loss: 41,091 🛑

Take Profit 1: 41,668 ✅

Take Profit 2: 42,067 ✅

Rationale: Strong confluence at S1 (41,814) with bullish reversal patterns on lower timeframes.

Trade Idea 2: Intraday Sell

Entry: 42,260 🎯

Stop Loss: 43,112 🛑

Take Profit 1: 42,466 ✅

Take Profit 2: 42,713 ✅

Rationale: R1 (42,260) aligns with descending trendline resistance and overbought RSI signals.

⚠️ Risk Management

Monitor price action near swing high (45,050) for bullish breakout potential.

Adjust stop losses if MACD flips bullish/bearish during volatile sessions.

Conclusion

US30 remains range-bound between 41,814–42,260. Prioritize trades at tested levels with strict risk controls. A break above 43,705 or below 41,091 could signal trend acceleration.