US30 broke cleanly out of the head and shoulders pattern with strong momentum, leaving no room for a retest. However, price was firmly rejected at the 48,300 level, where selling pressure stepped in. Since then, the index has been moving in a level-by-level structure with sharp reactions at key zones. A retest is currently unfolding, but the more significant area to watch remains around 46,900 as price continues to respect these major liquidity levels.