NAS100 (US100) Market Structure Analysis

📊 NAS100 (US100) Market Structure Analysis 🚀

🔍 Overview
The chart shows a clear transition from a bearish structure into a strong bullish trend, confirmed by a Change of Character (ChoCh). Price has shifted momentum and is now respecting an upward channel.

📉 Previous Phase (Bearish Move)

Price was moving inside a descending channel
Consistent lower highs & lower lows
Weak structure until strong support held near 22,800

🔄 Market Shift (ChoCh)

Break of structure indicates trend reversal
Buyers stepped in aggressively after liquidity sweep at lows
Momentum flipped bullish

📈 Current Phase (Bullish Trend)

Price forming higher highs & higher lows within an ascending channel
Strong impulsive moves with minor pullbacks
Bullish continuation confirmed after gap support

📍 Key Zones

🟩 Resistance: Around 26,400 – 26,800 (major rejection area)
🟨 Demand Zone: Around 24,600 – 24,800 (potential buy area)
🟥 Support: Near 22,800 (strong base)

🎯 Trade Outlook

Current price is testing resistance, possible short-term rejection
Expected pullback toward demand zone before continuation
📌 TP projection aligns with trendline support continuation

⚡ Conclusion
Market remains bullish overall, but short-term correction is likely before the next leg up. Smart entries lie near demand zone, not at resistance.