Nas100 is creating microstructure on the 30-minute time frame. If price breaks below this zone there is a chance that we could see a retest of support on the 1-hour. This could be a possible liquidity grab.
We could also see a bounce from the intermediate level to break the highs.
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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.