US30 Technical Breakdown – 12/02/2025

📍 US30 Technical Breakdown – 12/02/2025

US30 pulled back from the 47,700–47,800 resistance zone after a strong rally, with price now hovering just above the 47,300 structure level. Bulls are still holding the broader trend, but short-term momentum has clearly cooled as EMAs flatten and price retests key intraday support 🔍📉.

📊 Market Behavior:
🔹 Strong rejection from 47,780 – sellers defending this level hard
🔹 EMAs tightening → momentum slowing after the pump
🔹 Bulls holding 47,300 for now, but losing it opens deeper downside

📌 Key Levels:

🔹 Resistance:
47,560 → intraday reaction zone
47,780 → major supply / rejection point
48,000 → psychological level + next liquidity pocket

🔹 Support:
47,300 → immediate support (currently being tested)
46,960 → next demand zone
46,242 → major structural support from last week

🧠 Bias:
Neutral-to-bullish while above 47,300 📈
📈 Break back above 47,560 → continuation toward 47,800–48,000
📉 Break below 47,300 → opens path to 47,000 → 46,960 → 46,240