#DXY
*DXY 1D: $98.94 → Rising Support Test, $100.5 Ceiling Above*
US Dollar Index daily chart TVC. Price $98.942, -0.05%. Black line = rising support from Feb 2026 low. Pink box = $100.5 resistance zone. Price squeezing between both.
*3 Key Points:*
*1. Rising Support = Bull Defense Line*
Trendline from Feb low $95.4 to May low $97.7. 4 touches since Feb, all bounced. Price now $98.94, just above trendline. Daily close below $98.7 = support break = drop to $97.5 → $96.6 next. Hold it = bounce to $99.5-$100.
*2. $100.5 = Brick Wall Resistance*
Pink zone top = 100.5-100.8. Dec 2025, Mar 2026, Apr 2026 = 3 rejections from here. Every rally dies at $100.5. Till daily close above $100.8, DXY = bearish range. Break $100.8 = $101.5 → $102.5 opens.
*3. Squeeze = Breakout Coming*
Nov-May = lower highs + higher lows. Triangle forming. Apex = July. Price $98.94 mid-triangle now. No trend till $100.5 breaks up or $98.7 breaks down. DXY direction = BTC, Gold, USD/INR direction.
*Trade Plan:*
*Bull*: Long $98.7-$98.9 support hold, SL $98.5 daily close, TP $99.5 → $100.5
*Bear*: Short $100.3-$100.5 reject, SL $100.8, TP $98.7 break → $97.5
*Key*: Daily TF = macro. DXY up = risk assets down. DXY down = BTC/Gold up.
*Bottom line*:
Dollar at decision zone. $98.7 hold = bulls alive, $100.5 retest next. $98.7 break = $97.5 flush. $100.5 break = $102+. Till breakout, trade range only.