QQQ: Bull Trap or Bounce Time? The $593 Line in the Sand

QQQ is gapping down right into a massive technical test: the $593 Gap Support.

This is not a regular drop. Our chart is showing a rare conflict:

• Bullish Setup: A Hidden Bullish Divergence (HBD) is screaming for a bounce.
  
• Bearish Risk: A loss of the low could trigger a rapid descent to the $580 Zone.
  

The bias right now is neutral-bullish — cautious optimism.

If bulls hold the gap, expect a short-term rebound toward $603–$605 where sellers will likely re-emerge.

But if $593 gives way, this turns into a full-on correction targeting $582 → $560, completing the wedge breakdown target.

This is the moment of truth.
Bulls need to defend $593 or risk a complete sentiment shift.

Key Levels:

• $603.85 — Breakout Zone
  
• $593.24–$597.23 — Gap Support
  
• $589.05 — Structural Floor
  
• $580–$582 — Breakdown Zone
  
• $555–$560 — Rising Wedge Target
  

Bias: 🟡 Neutral-Bullish (Cautious)
Timeframe: 1H
Indicators: RSI Hidden Bullish Divergence, Rising Wedge Breakdown