Nasdaq 100 | Daily Technical Outlook
Market Structure
The Nasdaq 100 continues to build bullish momentum, with price extending its upward recovery from last week’s lows. The index has pushed back into the $25,430-$25,500 region, an area that previously acted as resistance on multiple timeframes.
Lower timeframes (M15 and H1) show sustained higher lows and improving intraday structure, while H4 and Daily charts confirm a broader ongoing uptrend.
Key Resistance Zone
The main resistance currently sits at $25,480-$25,550, where price is testing previous swing highs.
A breakout above $25,550 would likely open the door toward:
- $25,700
- $25,900-$26,000 (extended bullish target from Daily structure)
This region remains a critical barrier for bullish continuation.
Key Support Zone
Immediate support lies at $25,300-$25,350, which has held well during recent pullbacks.
Below this, additional support levels include:
- $25,150
- $24,950-$25,000 (major structural support on H4)
As long as price holds above $25,150, bullish momentum remains intact.
Expectations
Bullish Scenario (Primary)
If the index maintains support above $25,300, the bias remains bullish.
A clear push above $25,550 would likely drive price toward:
- $25,700
- $25,900
- Potentially $26,000 if momentum accelerates
Bearish Scenario (Alternative)
A failure to hold above $25,300 may trigger a correction toward:
- $25,150
- $25,000
A break below $25,000 would weaken the current bullish structure.
Outlook
The Nasdaq 100 remains constructive, with bullish momentum strengthening across all timeframes. A breakout above $25,550 is the key trigger for continuation toward higher targets, while holding above $25,300 keeps buyers firmly in control.
