NASDAQ 100 Holds Above 22,100 – Ready for 22,292 Breakout? NASDAQ 100 (USNAS100) Technical Analysis – February 20, 2025
NASDAQ continues its bullish momentum, holding above the Pivot line and confirming strength in the uptrend. The price is now retesting key levels before its next move.
Technical Outlook
Bullish Scenario: As long as 22100 and 21970 hold support, the price will continue to increase toward 22,292 and 22,412. A breakout above 22,412 could extend the rally further.
Bearish Scenario: If the price breaks below 22100, it could trigger a short-term correction toward 21970 and 21900 before attempting another push higher.
Key Levels to Watch
🔹 Pivot Zone: 22100
🔹 Resistance Levels: 22200, 22292, 22412
🔹 Support Levels: 21970, 21900, 21807
📈 Directional Bias: The market is expected to test 22292, and as long as 22100 holds, the bullish momentum remains intact. A break below 22100 could lead to a short-term retracement.
💬 Will NAS100 hold above 22100 for a breakout, or is a correction coming? Drop your thoughts! 👇🔥