US30 Technical Breakdown – 08/08/2025

📍 US30 Technical Breakdown – 08/08/2025

US30 has pulled back from the 44,360–44,400 resistance zone and is now trading around 44,060 after a failed breakout attempt. The rejection near 44,400 confirms it as a key supply zone. Price is now testing the 43,950–44,000 support band.

Short-term momentum has turned soft again, and price is stuck below the key EMAs. Bulls need to defend 43,950 to avoid a deeper rotation toward 43,600–43,470.

📊 Current Market Behavior:

📉 Rejection off lower highs
📊 Trading back below short-term EMAs
🧱 Range between 44,400 and 43,950 tightening
⚠️ Bias tilting bearish unless 44,200 is reclaimed

📌 Key Levels:

🔹 Resistance Zones:

44,200–44,360 → Breakdown zone

44,600–44,720 → Major resistance overhead

44,943 → Last key swing high

🔹 Support Zones:

43,950–43,900 → Intraday support

43,600 → Reaction low

43,471 → Demand base

🧠 Bias:
📉 Bearish Intraday

Failed breakout and loss of EMAs indicate weakness. A break below 43,950 could trigger another leg down.