US Nas 100

USNAS100 - WILL REVERSE FROM RESISTANCE

220
General Trend: The primary direction is upward with consolidation observed between 20,335 and 20,100.

Upside Potential: For further advancement, the price must break above the resistance at 20,335. Achieving this could drive the price upward toward a key barrier between 20,480 and 20,565. Successfully breaching this range would confirm a bullish trajectory toward the final resistance at 20,700.

Correction Possibility: The price may retrace downward upon encountering resistance at 20,335.

Downside Risk: A bearish trend may strengthen if the price closes below 20,200 on the 4-hour chart, subsequently breaking through 20,100. This could lead the price toward the next support level.

Key Level: 20,200

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