US 100 Cash CFD
Long
Updated

US100 (NASDAQ) Technical Analysis

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📉 US100 (NASDAQ) Technical Analysis – Bearish Structure in Focus 🔥

The US100 remains under strong bearish pressure, trading inside a well-defined descending channel. Price is hovering just above a major support zone around 27,500, where buyers are attempting to defend the level.

🧠 Market Structure
📉 Overall trend remains bearish below the descending trendline.
🛑 A previous order block near 28,450–28,600 is acting as strong resistance.
⚠️ A gap/FVG has been left behind, which may attract a short-term retracement before the next move.
🎯 The marked support is the key decision zone for the next breakout.
📊 Trading Outlook

🔻 Bearish Scenario (Preferred):

A confirmed break below 27,500 could accelerate selling.
🎯 Targets:
TP1: 27,300
TP2: 27,000
TP3: 26,600

🟢 Bullish Recovery Scenario:

If support holds, expect a relief rally toward the 28,450–28,600 Order Block.
A breakout above that area would weaken the bearish outlook.
⚡ Conclusion

📌 The trend remains bearish until price breaks above the descending channel and order block resistance. Watch 27,500 closely—it is the key level that will likely determine the next major move. 🚀📉
Trade active
snapshot



📈 **The setup is playing out exactly as expected—price is steadily advancing toward the take-profit target. 🎯**

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