US30 Resistance Broken, Bullish Bias

I see US30 breaking above a long-standing resistance zone, with the former high now acting as support. I expect further upside momentum.

Lena Brandt·Jul 7, 2026·1 min read

Daily Structure Flipped

US30 closed above a prior resistance cluster that previously capped price. That level now serves as a strong support base. I am watching for continued upward movement from here, as the breakout confirms a bullish continuation pattern on the daily chart. The risk-reward aligns with a measured approach, waiting for pullbacks to test the new support before adding exposure.

Comments5

Priya Nair3 d ago
📈 Smart observation. That resistance flip to support is a classic bullish continuation signal. Volume confirmation in the next session will be key to validate the breakout strength.
Tom Fielding3 d ago
Resistance levels get broken, then faked out, more often than not. Let's see a daily close above 35,000 before calling it a trend.
Sofia Reyes3 d ago
Interesting take—but isn't a break above resistance just the first step? I'd want to see a clean retest of that former high as support before getting too bullish. Volume and momentum could tell us more about whether this is a real breakout
Hiro Tanaka3 d ago
Resistance flip to support is textbook, but volume needs to confirm the breakout—low participation at this level increases false-break risk.
Marcus Vega3 d ago
Bias is bullish until we lose 34,500. That's your invalidation. Without it, trend is your friend — don't overthink the breakout.