From TradingView · · 40s
NASDAQ 100 at Critical Support Zone
Will buyers step in above 28,900?
In brief
Will buyers step in above 28,900? NASDAQ 100 faces key support at 28,900; buyers or sellers decide next move. Originally reported by TradingView.
Current Market Structure
NASDAQ 100 consolidates below 29,400 with sellers holding upper hand.
Critical Support Zone
Price nears 28,900 support area where past buying interest occurred.
Bullish Scenario
Hold above 28,900 and break above 29,400 for move toward 29,700.
Bearish Scenario
Fall below 28,900 to 28,600 with accelerated selling pressure.
Key Levels
First resistance 29,400; first support 28,900; second support 28,600.
At a glance
NASDAQ 100 faces key support at 28,900; buyers or sellers decide next move.
