US100: Pullback to fill the GAP below

🧩 US100 – Pullback scenario targeting the GAP support zone
📊 30-Minute Chart Analysis
On the 30-minute timeframe, US100 is showing signs of a short-term corrective move after failing to hold its previous support zone.
Price is currently trading below the Trend indicator’s resistance area, suggesting that sellers have regained temporary control.
After a strong drop, the market is forming a technical pullback to retest the resistance zone. This is often where traders look for opportunities to continue following the prevailing bearish momentum.
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🧭 Trading Scenario (For Analysis Purposes Only)
• Potential SELL Zone: 24,650 – 24,740 (resistance and Trend zone)
• Target Area: 24,250 – 24,350 (GAP support area below)
• Invalidation Level: Above 24,750 — if price closes above this level, the short-term bearish structure could be invalidated.
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🔎 Technical Outlook
• Short-term trend: Bearish
• Market structure: Forming a pullback–continuation pattern
• Trend indicator: Has flipped bearish, confirming renewed selling pressure
• GAP support: Likely to act as a key area for potential stabilization or reaction from buyers
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⚠️ Important Note
This analysis is for educational and informational purposes only and should not be considered financial advice.
Traders should combine this view with their own risk assessment, price action, and macroeconomic context before making any trading decisions.
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💡 Summary:
US100 is in a short-term correction phase. If price continues to reject the 24,700 resistance area, the downside scenario toward the 24,250–24,350 GAP support zone remains valid.
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