US 100
Long

NASDAQ Index Analysis:

59
📉 U.S. indices witnessed a sharp decline on Friday’s session, with the NASDAQ being one of the most affected, closing at 23,980.

📈 As Monday’s session opened, the market started with a strong bullish gap (Gap Up) at 24,480, then continued to move upward — a trend likely to persist in the coming hours.

🔹 Expected Scenario:
As long as the price remains above the 24,500 support zone, the likely movement is toward the 25,100 resistance level for a potential retest.

🔸 However, if 24,500 support is broken and closed below, we could see a deeper correction before the uptrend resumes.

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