US Nas 100Long
USNAS100 / Correct before Bullish trend
Technical Analysis
The price still shows bullish momentum but is expected to first retest the 21,630 level before starting a bullish trend. If a 4-hour candle closes above 21,760, it indicates the start of a bullish trend without correction.
Key Levels:
Pivot Point: 21760
Resistance Levels: 21900, 22110, 22300
Support Levels: 21630, 21535, 21400
Trend Outlook:
Bearish Correction: Possible decline to 21,630 if stability remains below 21,760.
Bullish Momentum: Likely continuation of an uptrend if stability is maintained above 21,760.
The price still shows bullish momentum but is expected to first retest the 21,630 level before starting a bullish trend. If a 4-hour candle closes above 21,760, it indicates the start of a bullish trend without correction.
Key Levels:
Pivot Point: 21760
Resistance Levels: 21900, 22110, 22300
Support Levels: 21630, 21535, 21400
Trend Outlook:
Bearish Correction: Possible decline to 21,630 if stability remains below 21,760.
Bullish Momentum: Likely continuation of an uptrend if stability is maintained above 21,760.
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