NAS100 | Daily Technical Outlook
Market Structure
The Nasdaq 100 has shifted into short-term bearish momentum following a sharp intraday breakdown that pushed price below recent consolidation support. On the H1 and M15 timeframes, the index formed a lower high before accelerating lower, confirming renewed selling pressure.
On the H4 chart, price continues to trade within a broader range structure, but the latest rejection from the 25,300–25,400 region reinforces the presence of supply. The daily timeframe shows the index struggling to maintain higher highs, with momentum flattening after previous recovery attempts.
Key Resistance Zone
Immediate resistance is located at 25,050 – 25,150, where recent breakdown occurred.
Additional resistance levels:
- 25,300 – 25,400 (major H4 supply zone)
- 25,800 – 26,000 (daily structural resistance)
As long as price remains below 25,150, short-term momentum favors sellers.
Key Support Zone
Immediate support stands at 24,850 – 24,900, currently being tested.
Below that, stronger structural support is located at:
- 24,600 – 24,650
- 24,200 – 24,300 (major H4 demand zone)
A sustained break below 24,850 would likely expose 24,600 next.
Expectations
Bearish Scenario (Primary)
Failure to reclaim 25,150 keeps downside pressure intact.
A breakdown below 24,850 could accelerate selling toward:
- 24,600
- 24,300
Bullish Scenario (Alternative)
A recovery above 25,150 would signal short-term stabilization.
Further upside could extend toward:
- 25,300
- 25,800
However, bulls must reclaim 25,400 to restore stronger upside structure.
Outlook
The Nasdaq 100 is showing signs of short-term weakness within a broader range environment. Sellers currently hold momentum below 25,150, while a break under 24,850 could open the door to deeper corrective movement.