Second Sell Recommendation for US30 Based on the Chart

Technical Analysis:
Strong Resistance at 44,750 - 44,959

US30 is approaching a strong resistance zone where price previously faced rejection.
This area coincides with the EMA 33 and a key supply zone.
Fibonacci Retracement 0.618 - 0.786

The price is reaching the 0.618 – 0.786 Fibonacci retracement levels, which are often reversal zones.
In the previous attempt, selling pressure increased significantly at this level.
Price Structure

US30 has shown a previous downtrend and is now retracing towards a critical resistance level.
If the price fails to break above 44,950, a further decline is highly likely.
Declining Volume

During the price increase towards resistance, trading volume has been weakening.
This indicates that buying momentum is fading, increasing the chances of a bearish reversal.
Trading Strategy:
Sell Entry Zone: Around 44,750 - 44,950
Stop Loss: 45,195 (above resistance zone)
Take Profit Targets:
Target 1: 44,200 (EMA 33 Low)
Target 2: 43,780 - 43,770 (strong support zone)
🎯 Risk-to-Reward (R:R) Ratio Estimate: 1:3 – A favorable setup if price reacts as expected.

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