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US30 Outlook: Corrective Bounce Below 48450 Bears Still in Cntrl

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US30 | Technical Overview

The market is currently in a bullish corrective phase, with upside potential toward the 48450 zone.

While trading below 48450, the broader bias remains bearish, with downside pressure toward 48110 and 48020

A 4H candle close below 48020 would confirm bearish continuation toward 47845 and 47460
Alternatively, a bullish scenario will activate:
A 1H or 4H candle close above 48450 would signal bullish momentum toward 48620 and 48850

Key Levels
Pivot Zone: 48330 – 48450
Support: 48110 – 48020 – 47845
Resistance: 48620 – 48850

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