NAS100 | Daily Technical Outlook
Market Structure
NAS100 is showing a strong bullish recovery after failing to sustain its previous bearish phase. The recent price action reflects aggressive buying pressure, with price reclaiming key resistance levels and continuing higher.
The impulsive move from the 23,800 – 24,000 region has pushed price sharply toward the 25,000 – 25,100 area, where it is currently stabilizing near recent highs.
Key Resistance Zone
The immediate resistance is located at 25,100 – 25,200, a critical zone aligned with recent highs and breakout continuation levels. A confirmed break above this area could trigger further upside expansion.
Additional resistance levels:
- 25,400
- 25,800 (major psychological and structural resistance)
As long as price remains below 25,200, short-term consolidation may occur after the strong rally.
Key Support Zone
Immediate support lies at 24,800 – 24,600, acting as a key pullback and demand zone following the breakout.
A break below this area could expose further downside levels:
- 24,400
- 24,000 – 23,800 (major support zone)
Holding above 24,600 keeps the bullish structure intact.
Expectations
Bullish Scenario (Primary)
The current structure favors continued upside as long as price holds above 24,600.
A break above 25,200 could accelerate gains toward:
- 25,400
- 25,800
Bearish Scenario (Alternative)
A breakdown below 24,600 would signal a deeper pullback, opening the door toward:
- 24,400
- 24,000
However, downside moves may remain corrective within the broader bullish trend.
Outlook
NAS100 remains supported by strong bullish momentum following a sharp breakout. The structure stays positive above 24,600, while a break above 25,200 could trigger continued upside toward higher resistance levels.
