USNAS100 Breakdown: Bearish Momentum Confirmed Below 21,900!

7 giorni fa

USNAS100 Technical Analysis – February 24, 2025
Our previous analysis View Here highlighted the 22,150 pivot zone as a critical decision point for NAS100. The price failed to hold above this level and dropped as expected, confirming a bearish movement.

Current Market Outlook:
The price has broken below the 21,900 pivot zone, indicating bearish dominance.
As long as NAS100 trades below 21900 - 21810, the bearish trend remains active.
A further decline toward 21560 and 21390 is expected.

Key Levels to Watch:
Resistance: 21900 | 22100 | 22292
Pivot: 21800
Support: 21560 | 21390 | 21215

Directional Bias:
The bearish trend remains active as long as NAS100 trades below 21810 and 21900. A 4H close below 21560 will confirm further downside toward 21390.

🚀 Will NAS100 hold this support, or is more downside coming? Drop your thoughts! 👇🔥

7 giorni fa

Trade attivo

US NAS100 Update: Breakdown Confirmed, 600-Pip Drop Achieved

The bearish scenario unfolded as expected, with price breaking below 21,900, confirming the bearish momentum. After a brief consolidation near the pivot zone (21,807), the price dropped aggressively, reaching the key support at 21,390, marking a 600-pip decline from the previous analysis.

Key Market Developments:

✅ The pivot zone rejection triggered the expected downside continuation.
✅ Price briefly tested the support at 21,560 before extending lower.
✅ Currently, price is testing 21,390, where some reaction might occur due to trendline support.

Next Steps:
• Bearish Continuation: A break below 21,390 could lead to a deeper move toward 20,987 - 20,667 as the next key support zones.
• Bullish Recovery: A bounce from 21,390 could signal a short-term retracement, but price would need to reclaim 21,700 - 21,900 to invalidate further downside.

We are now monitoring for a potential reaction at 21,390—either a continuation to the next support or a retracement before further downside.

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