US30 Technical Breakdown – 10/16/2025

📍 US30 Technical Breakdown – 10/16/2025

US30 showing strength again after defending the 46,200 zone 💪 Bulls holding control short-term but facing heavy resistance near 46,480–46,680. Market looks coiled for a breakout move soon ⚡️

📊 Market Behavior:
🔹 Strong bounce off 46,200 support zone
🔹 EMAs crossing bullishly on lower timeframes
🔹 Price retesting mid-range resistance — watching for momentum continuation

📌 Key Levels:

🔹 Resistance Zones:
46,485 → intraday barrier
46,632 → strong resistance
46,680 → breakout confirmation 🚀
46,893 → extended target

🔹 Support Zones:
46,282 → short-term support
46,200 → major pivot
45,837 → lower demand

🧠 Bias:
Bullish–Neutral 🟢
➡️ Above 46,680 → room toward 46,900
⬅️ Below 46,200 → momentum shift back to bears