Nas100
NAS100 is approaching a key resistance level at 22,000—a strong barrier that has held firm in the past.
🔹 If price breaks above 22,000, we look for a confirmed breakout and take an entry.
🔹 If it gets rejected, our first support zone is 21,830 to 21,850.
Why is this level important?
✅ The 9 EMA aligns as support
✅ It previously acted as a key resistance twice before turning into support
If price drops further, our next key support is a strong buy zone at 21,650.
Why?
✅ It aligns with the trendline support
✅ The 20 EMA adds confluence
By watching these levels closely, we can react accordingly and position for high-probability trades!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.