📉 NASDAQ 100 — Resistance Rejection & Support Retest Setup
🔎 Market Structure:
Price is trading below the 30,700–30,800 resistance zone after multiple rejection attempts. The broader bullish structure remains intact, but short-term momentum is showing signs of weakness.
🎯 Key Levels:
🔴 Resistance: 30,700–30,800
🟡 Fair Value Gap: 30,000–30,100
🟢 Major Support: 29,700–29,800
⚫ Major Low: ~28,750
📉 Bearish Scenario:
If price continues to reject the descending trendline and breaks below the 30,000 FVG, the next potential area of interest is the 29,700–29,800 support zone.
📈 Bullish Scenario:
A strong breakout and sustained move above 30,700–30,800 could invalidate the bearish setup and open the way for further upside.
⚠️ Confirmation: Watch candle closes around the FVG and support before taking any setup. Manage risk according to your own plan.
Bias: 🔴 Short-term bearish below resistance | 🟢 Higher-timeframe structure still supported above 29,700.
🔎 Market Structure:
Price is trading below the 30,700–30,800 resistance zone after multiple rejection attempts. The broader bullish structure remains intact, but short-term momentum is showing signs of weakness.
🎯 Key Levels:
🔴 Resistance: 30,700–30,800
🟡 Fair Value Gap: 30,000–30,100
🟢 Major Support: 29,700–29,800
⚫ Major Low: ~28,750
📉 Bearish Scenario:
If price continues to reject the descending trendline and breaks below the 30,000 FVG, the next potential area of interest is the 29,700–29,800 support zone.
📈 Bullish Scenario:
A strong breakout and sustained move above 30,700–30,800 could invalidate the bearish setup and open the way for further upside.
⚠️ Confirmation: Watch candle closes around the FVG and support before taking any setup. Manage risk according to your own plan.
Bias: 🔴 Short-term bearish below resistance | 🟢 Higher-timeframe structure still supported above 29,700.
✦ MARKET STRATEGY SIGNALS ✦ 📊
Smart Money • Price Action • Precision • good entries
📲 Join Telegram: t.me/marketstrategyentry
Smart Money • Price Action • Precision • good entries
📲 Join Telegram: t.me/marketstrategyentry
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
✦ MARKET STRATEGY SIGNALS ✦ 📊
Smart Money • Price Action • Precision • good entries
📲 Join Telegram: t.me/marketstrategyentry
Smart Money • Price Action • Precision • good entries
📲 Join Telegram: t.me/marketstrategyentry
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.