Price Retest Scenarios and Key Levels for Trend Confirmation

Updated
Technical Analysis

The price has surged to a new historic high. It is now expected to retest 21900. A confirmed 4-hour candle close below 21900 will indicate a bearish move toward 21770.

On the other hand, if the price stabilizes above 22120 with a confirmed 1-hour candle close, it will support a bullish trend toward 22230.

Key Levels:
Pivot Point: 22120
Resistance Levels: 22230, 22400, 22510
Support Levels: 21900, 21770, 21620


Trend Outlook:
- Bearish Momentum with stability below 22120
- Bullish Momentum by stability above 22120
Trade active
USNAS100
Update

The price dropped more than 4.30% about 950 pip.

And still has a bearish trend especially if stabilized below 21215 then will get 20990

snapshot
nasdaqSupport and ResistanceTrend AnalysisTrend Linesusnas100

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