NAS100 | Technical Outlook
Market Structure
NAS100 is currently trading around 25,480, extending its strong bullish recovery after a sharp corrective decline that found support near the 23,000 – 23,300 region. The index rebounded aggressively from this demand zone, initiating a sustained impulsive move that has now pushed price back toward recent highs.
The move from the 23,000 base toward 25,500 reflects a clear bullish continuation phase, with higher highs and higher lows forming across intraday and higher timeframes, signaling strong buying momentum.
Key Resistance Zone
Immediate resistance is located at 25,500 – 25,900, supported by:
- Previous daily resistance area
- Prior consolidation highs
- Psychological barrier near 26,000
A confirmed breakout above this zone could lead to:
- 26,500
- 27,000 (next major resistance zone)
As long as price remains below 25,900, upside momentum may face short-term consolidation.
Key Support Zone
Immediate support is seen at 24,900 – 24,500, aligning with:
- Recent breakout structure
- Short-term demand zone
A breakdown below this level would expose:
- 24,000
- 23,300 – 23,000 (major demand zone)
A sustained move below 24,000 would weaken the current bullish structure.
Expectations
Bullish Scenario (Primary)
If price holds above 24,900, buyers are likely to maintain control.
A breakout above 25,900 could trigger:
- A move toward 26,500
- Extension toward 27,000
Momentum remains strong, supported by sustained upward structure.
Bearish Scenario (Alternative)
Failure to break above resistance may lead to a corrective pullback.
This could result in:
- A move back toward 24,900
- A deeper retracement toward 24,500 or even 24,000
A break below 24,500 would signal weakening bullish momentum.
Outlook
NAS100 remains in a strong bullish recovery phase, reclaiming key levels after a sharp decline and pushing toward a critical resistance zone near 25,500. While momentum favors continued upside, price is approaching a key decision area.
A confirmed breakout would reinforce bullish continuation, while rejection could trigger a short-term correction before the next directional move.
