US Nas 100
Short

NAS100USD / UNDER EARNING Q3 / 4H

352
NAS100USD / 4H TIME FRAME

HELLO TRADERS

Current Upward Momentum , The NAS100USD is moving upwards, likely driven by positive sentiment or market reaction to Q3 earnings. It indicates that buyers currently dominate the market, pushing prices higher.

Supply Zone (20,418 - 20,522) , This is a potential resistance area. If prices reach this zone, they may face selling pressure. If sellers overpower buyers, it could lead to a downward movement from this level.

Demand Zone (19,963 - 19,753) , If prices begin to decline from the supply zone, this demand zone serves as a support area. Here, buyers might step in, leading to a potential bounce or stabilization. This level might offer a good entry for long positions if the overall trend remains bullish.

Breaking the Supply Zone , If NAS100USD breaks above 20,522, it would signal a continuation of the upward trend, targeting the next supply level around 20,820. This would indicate strong buying pressure and positive momentum, likely driven by sustained optimism or robust earnings.

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