Nas100

NAS100 is approaching a key resistance level at 22,000—a strong barrier that has held firm in the past.

🔹 If price breaks above 22,000, we look for a confirmed breakout and take an entry.
🔹 If it gets rejected, our first support zone is 21,830 to 21,850.

Why is this level important?

✅ The 9 EMA aligns as support
✅ It previously acted as a key resistance twice before turning into support

If price drops further, our next key support is a strong buy zone at 21,650.

Why?

✅ It aligns with the trendline support
✅ The 20 EMA adds confluence

By watching these levels closely, we can react accordingly and position for high-probability trades!