NAS100 | Technical Outlook
Market Structure
The NASDAQ 100 is currently trading around 25,071, maintaining bullish momentum after a strong recovery from the recent corrective phase. The index rebounded sharply from the 23,000 – 23,300 regions, forming a strong impulsive move that pushed price back toward the 25,000+ area, where it is now stabilizing.
On the daily timeframe, the broader structure shows a recovery attempt following a prior downtrend, with price reclaiming key levels and approaching a significant resistance zone.
Key Resistance Zone
Immediate resistance is located at 25,150 – 25,300, which aligns with:
- Recent H4 highs
- Prior daily resistance
- A potential liquidity zone above recent peak
A breakout above this area could open the path toward:
- 25,800
- 26,300 (major higher timeframe resistance)
As long as price remains below 25,300, upside continuation may face friction.
Key Support Zone
Immediate support is seen at 24,800 – 24,600, where price recently found demand after minor pullbacks.
A breakdown below this level would expose:
- 24,200
- 23,800 – 23,500 (key demand zone and origin of the recent rally)
Loss of 23,500 would weaken the current recovery structure significantly.
Expectations
Bullish Scenario (Primary)
The current structure favors continuation higher while price holds above 24,600.
A breakout above 25,300 could trigger:
- A move toward 25,800
- Extension toward 26,300
Momentum across H1 and H4 supports the bullish bias.
Bearish Scenario (Alternative)
Failure to break above resistance may lead to short-term rejection.
This could result in:
- A pullback toward 24,800
- A deeper correction toward 24,200
A break below 24,600 would signal weakening bullish momentum.
Outlook
NAS100 remains in a recovery phase with bullish momentum intact, but price is now approaching a critical resistance zone that could determine the next directional move. While buyers remain in control above 24,600, a confirmed breakout above 25,300 is required to sustain the uptrend.
Until then, consolidation or a controlled pullback remains a realistic scenario.
