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NAS100 Trend Signals: Bulls Defend Support as Index Eyes New Highs

NAS100 Trend Signals: Bulls Defend Support as Index Eyes New Highs

NAS100 | Technical Outlook

Market Structure – NAS100 Trend Signals

NAS100 Trend Signals remain firmly bullish after the index successfully defended the 29,900 – 30,000 support region and stabilized back above the 30,100 area. The recent recovery followed a corrective pullback from record highs, allowing buyers to regain control while preserving the broader sequence of higher highs and higher lows across intraday and medium-term timeframes.

The broader H4 and Daily structure reflects sustained bullish momentum following the powerful advance from the early-April lows near 23,000 – 24,000. The impulsive rally from the 23,500–25,000 zone toward current levels around 30,100 confirms that buyers remain in control of the dominant trend, while H1 and H4 charts continue holding near key moving averages despite recent volatility.

Key Resistance Zone

Immediate resistance is located at 30,250 – 30,600, supported by:

  • Recent H1 swing highs
  • H4 resistance structure
  • Previous record-high reaction zone

A confirmed breakout above this zone could trigger:

  • 30,900
  • 31,300 (major bullish continuation target)

As long as price remains above nearby support levels, buyers may continue challenging higher resistance zones.

Key Support Zone

Immediate support is seen at 29,900 – 29,700, which aligns with:

  • Recent breakout structure
  • H1 moving-average support
  • Short-term demand zone

A breakdown below this level would expose:

  • 29,300
  • 28,700 (major corrective downside target)

Holding above support remains essential to preserve the broader bullish structure.

Expectations – NAS100 Trend Signals

Bullish Scenario (Primary)

If price remains above 29,700, buyers may continue controlling short-term market sentiment.

A breakout above 30,600 could lead to:

  • A rally toward 30,900
  • Extension toward 31,300

The prevailing H4 and Daily trend continues favoring bullish continuation while support remains intact.

Bearish Scenario (Alternative)

If sellers regain control below support, corrective pressure could emerge.

This could trigger:

  • A decline toward 29,300
  • Further downside toward 28,700

A sustained break below 29,700 would weaken the current bullish outlook and increase the probability of a broader pullback.

Outlook – NAS100 Trend Signals

NAS100 Trend Signals remain positively biased as the index continues trading near the critical 30,250 resistance zone following a strong recovery from recent corrective lows. Momentum across H1, H4, and Daily timeframes remains supportive of further upside, while price continues holding above key medium-term support levels.

A confirmed breakout above 30,600 would strengthen bullish continuation risks toward fresh highs and higher resistance targets, while a break below 29,700 could trigger a deeper corrective decline before buyers attempt to re-establish control.