US100 Price Analysis: Bearish Reversal Expected After Resistance

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📉 US100 – Critical Resistance Reached: Expecting Rejection Before Next Leg Up?

🔍 Overview: The US100 has approached a key supply zone around 22,350, where historical price action has shown repeated resistance. This is not just another stall—this level aligns with a liquidity sweep setup and a potential distribution phase forming just below resistance.


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🧠 Technical Breakdown:

🔸 BIOS Breakout: A bullish "Break of Internal Structure" (BIOS) confirmed a shift in market sentiment on June 22, leading to aggressive upside follow-through. However, the recent move into premium pricing hints at overextension.

🔸 Supply & Liquidity Zones: The red zone at 22,300–22,350 is a well-respected supply area. This has already acted as a liquidity magnet, pulling price in and triggering short-term rejections. Smart money could now be engineering a liquidity grab before markdown.

🔸 Projected Path: As outlined on the chart, I expect a false breakout / liquidity sweep followed by a short-term rejection. If price confirms this move, the likely retracement targets are:

🔽 First Target: 22,200 – a minor support from recent structure.

🔽 Second Target: 22,050–22,100 – aligning with the previous breakout zone and Ichimoku cloud support.


🔸 Ichimoku Cloud: The bullish momentum is still intact, but flattening of the cloud top and tightening price action suggest a pause or retracement is near. A cross below the Kijun-sen may confirm the pullback.


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⚠ Invalidation & Alternate Scenario:

A sustained breakout and close above 22,380 with strong volume would invalidate the short bias, potentially targeting 22,500+. Until then, the bias remains bearish to neutral.


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📌 Summary:

🟢 BIOS confirmed bullish structure shift.

🔴 Liquidity grab likely above major resistance.

📉 Expecting short-term pullback toward 22,200.

🚫 Invalidate if price holds above 22,380.



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💬 What I’m Watching:

Rejection candles + volume spikes at resistance

Kijun-sen break on lower timeframes

Bearish divergence forming on RSI/MACD (not shown)



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✅ If You Found This Insightful:

Like, and share your thoughts in the comments—let’s discuss whether this is the start of a rotation or just a healthy pullback!

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