NASDAQ 100 | Technical Outlook
Market Structure
The NASDAQ 100 is currently trading within a short-term bearish corrective phase after failing to sustain upside momentum near recent highs. Selling pressure increased after repeated rejections from the upper range, pushing the index lower and keeping price capped below key moving averages on intraday timeframes.
Price is now attempting to stabilize around the $25,300 area, which has acted as an important short-term support zone.
Key Resistance Zone
The nearest resistance is located at $25,450 – $25,550, a zone defined by recent breakdown structure and declining moving averages. Any rebound toward this area is likely to attract renewed selling interest.
Additional resistance levels:
• $25,700
• $25,900 – $26,000 (major structural and psychological resistance)
As long as price remains below $25,550, bearish pressure is expected to dominate.
Key Support Zone
Immediate support is holding around $25,300, where buyers are currently attempting to slow the decline.
A decisive break below $25,300 would expose lower downside targets:
• $25,000
• $24,750 – $24,800 (major structural support)
Failure to hold above $24,750 would signal a deeper bearish continuation on higher timeframes.
Expectations
Bearish Scenario (Primary)
The overall structure favors further downside as long as price trades below $25,550.
A clean break below $25,300 could accelerate selling toward $25,000, with scope for extension toward $24,750.
Bullish Scenario (Alternative)
A sustained recovery above $25,550 would be the first sign of short-term stabilization, opening the door toward:
• $25,700
• $25,900 – $26,000 (key zone that must be reclaimed to weaken bearish momentum)
Until then, upside moves are likely to remain corrective.
Outlook
The NASDAQ 100 remains under bearish pressure, with sellers controlling price action below key resistance levels. The broader bias favors further downside unless price can reclaim $25,550, while a break below $25,300 could trigger a continuation toward deeper support zones.
