USNAS100 Breakdown: Bearish Momentum Confirmed Below 21,900!
USNAS100 Technical Analysis – February 24, 2025
Our previous analysis View Here highlighted the 22,150 pivot zone as a critical decision point for NAS100. The price failed to hold above this level and dropped as expected, confirming a bearish movement.
Current Market Outlook:
The price has broken below the 21,900 pivot zone, indicating bearish dominance.
As long as NAS100 trades below 21900 - 21810, the bearish trend remains active.
A further decline toward 21560 and 21390 is expected.
Key Levels to Watch:
Resistance: 21900 | 22100 | 22292
Pivot: 21800
Support: 21560 | 21390 | 21215
Directional Bias:
The bearish trend remains active as long as NAS100 trades below 21810 and 21900. A 4H close below 21560 will confirm further downside toward 21390.
🚀 Will NAS100 hold this support, or is more downside coming? Drop your thoughts! 👇🔥
Our previous analysis View Here highlighted the 22,150 pivot zone as a critical decision point for NAS100. The price failed to hold above this level and dropped as expected, confirming a bearish movement.
Current Market Outlook:
The price has broken below the 21,900 pivot zone, indicating bearish dominance.
As long as NAS100 trades below 21900 - 21810, the bearish trend remains active.
A further decline toward 21560 and 21390 is expected.
Key Levels to Watch:
Resistance: 21900 | 22100 | 22292
Pivot: 21800
Support: 21560 | 21390 | 21215
Directional Bias:
The bearish trend remains active as long as NAS100 trades below 21810 and 21900. A 4H close below 21560 will confirm further downside toward 21390.
🚀 Will NAS100 hold this support, or is more downside coming? Drop your thoughts! 👇🔥
Trade active
US NAS100 Update: Breakdown Confirmed, 600-Pip Drop Achieved
The bearish scenario unfolded as expected, with price breaking below 21,900, confirming the bearish momentum. After a brief consolidation near the pivot zone (21,807), the price dropped aggressively, reaching the key support at 21,390, marking a 600-pip decline from the previous analysis.
Key Market Developments:
✅ The pivot zone rejection triggered the expected downside continuation.
✅ Price briefly tested the support at 21,560 before extending lower.
✅ Currently, price is testing 21,390, where some reaction might occur due to trendline support.
Next Steps:
• Bearish Continuation: A break below 21,390 could lead to a deeper move toward 20,987 - 20,667 as the next key support zones.
• Bullish Recovery: A bounce from 21,390 could signal a short-term retracement, but price would need to reclaim 21,700 - 21,900 to invalidate further downside.
We are now monitoring for a potential reaction at 21,390—either a continuation to the next support or a retracement before further downside.
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my free signals channel telegram
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.