Nasdaq 100 | Technical Analysis
Market Overview
The Nasdaq 100 remains under short-term bearish pressure following the recent sharp sell-off, but selling momentum has slowed. Price is currently stabilizing above a key support zone, suggesting the market is transitioning from impulsive downside movement into a consolidation phase rather than extending the decline immediately.
Across lower timeframes, buyers are attempting to reclaim control, while higher timeframes still reflect corrective conditions within a broader bullish structure.
Key Resistance Levels
The index is now capped by several layered resistance zones:
- 25,150 – 25,250
Intraday resistance and first barrier for buyers. - 25,450 – 25,550
H1 / H4 resistance zone where previous breakdown occurred. - 25,900 – 26,000
Major daily resistance and trend continuation level.
A sustained break above 25,550 would indicate improving bullish momentum and open the way for a deeper recovery.
Key Support Levels
Support remains well-defined below current price:
- 24,950 – 24,900
Critical daily support holding the market structure. - 24,600
Breakdown confirmation level if selling resumes. - 24,200
Major downside target if the correction deepens.
As long as price holds above 24,900, downside risk remains limited.
Short-Term Outlook
- On M15 and H1, price is forming higher lows, signaling short-term stabilization.
- Moving averages on lower timeframes are starting to flatten, reflecting slowing bearish momentum.
- H4 structure remains corrective, with no confirmed trend reversal yet.
This setup favors range-bound trading unless a clear breakout occurs.
Technical Expectations
Bullish Scenario
- Holding above 24,900 keeps buyers active.
- A break above 25,250 would support a move toward 25,550.
- Further upside would require acceptance above H4 resistance.
Bearish Scenario
- Failure to hold 24,900 would invalidate the recovery.
- A break lower could extend losses toward 24,600, then 24,200.
- This would confirm continuation of the corrective phase.
Overall Outlook
The Nasdaq is currently consolidating after a sharp decline, with price stabilizing above key daily support. Short-term momentum favors a corrective rebound, while higher timeframes suggest caution until resistance levels are reclaimed. Direction will depend on whether buyers can regain control above 25,250 or sellers force a break below 24,900.
