NASDAQ 100 | Technical Outlook
NASDAQ 100 Prices Rise: Market Structure
The NASDAQ 100 prices rise as the index continues to recover from last week’s decline, holding above the 28,500 support zone despite encountering renewed selling pressure near intraday highs. On the M15 timeframe, price is consolidating after rejecting the latest rally, while the H1 chart shows buyers maintaining short-term control above the moving averages, although momentum has started to soften beneath nearby resistance.
On the H4 timeframe, the Nasdaq remains within a broader corrective recovery after bouncing from the 28,200–28,300 demand area. However, price is still trading below the major descending moving averages, suggesting that the medium-term trend has not fully shifted in favor of buyers. Meanwhile, the daily timeframe continues to show a broader corrective structure, with the recent rebound improving sentiment but requiring a stronger breakout to confirm a sustained bullish reversal.
Key Resistance Zone
Immediate resistance is located at 28,600 – 28,800, supported by:
- H1 and H4 resistance levels
- Recent swing highs
- Intraday supply zone
A confirmed breakout above this zone could expose:
- 29,100
- 29,500 (major H4 resistance)
As long as NASDAQ 100 remains below 28,800, upside momentum may remain limited.
Key Support Zone
Immediate support is located at 28,500 – 28,300, where buyers continue defending the recent recovery.
A breakdown below this zone could expose:
- 28,000
- 27,700 (major H4 demand zone)
A sustained move below 27,700 would invalidate the current recovery structure and strengthen the broader bearish outlook.
NASDAQ 100 Prices Rise: Expectations
Bullish Scenario (Primary)
If the index continues holding above 28,500, buyers could maintain short-term momentum.
A breakout above 28,800 could trigger:
- A rally toward 29,100
- Extension toward 29,500
Bullish momentum would strengthen if price remains above the H1 and H4 moving averages.
Bearish Scenario (Alternative)
If sellers regain control below 28,500, downside pressure could increase.
This could result in:
- A decline toward 28,000
- A move toward 27,700
A sustained break below 27,700 would reinforce the broader corrective trend.
Outlook
NASDAQ 100 prices rise as buyers continue defending the 28,500 support area, keeping the short-term recovery intact despite signs of slowing momentum beneath resistance. While higher timeframes still require additional confirmation, the recent rebound suggests buyers remain active near key demand levels.
A decisive breakout above 28,800 could open the door for a move toward 29,100 and 29,500, while failure to hold above 28,500 would likely expose 28,000 and the major support area around 27,700, shifting the outlook back in favor of sellers.
