NDX - Neutral intraday | Trading range | Awaiting breakoutNASDAQ 100 IndexNASDAQ_DLY:NDXmindfullylostGood Morning, Hope all is well. Here is my TA on NDX. NASDAQ is currently compressing between clearly defined intraday levels: • 30m Resistance: 25,135 • 30m Support: 24,951 • 4H + 1H Resistance: 24,876 (recently reclaimed) • Weekly + 1H Resistance: 24,661 • 4H Major Support: 24,389 • Weekly Major Resistance Above: 26,238 Structure shows: • Prior impulsive selloff • Range formation • Repeated reactions at 24,950–25,100 • Moving average flattening (equilibrium) This is a classic intraday range environment. Primary Setup: Range Trade (Until Break) Long from Support Entry: 24,950 – 25,000 Stop: Below 24,850 Targets: • 25,135 • 25,300 Risk ≈ 100–150 Reward ≈ 150–300 R ≈ 1.5–2R Short from Resistance Entry: 25,100 – 25,135 Stop: 25,250 Targets: • 24,950 • 24,800 Risk ≈ 120 Reward ≈ 200–300 R ≈ 2R This is clean range logic. Breakout Scenario (High Probability Move) Bullish Breakout If price closes above: 25,135 Then next targets: • 25,400 • 25,600 • 26,238 (weekly resistance) Confirmation needed via strong volume expansion. Bearish Breakdown If price loses: 24,950 Then look toward: • 24,661 • 24,389 • 24,200 This would confirm lower timeframe weakness. Institutional Interpretation Current environment = Liquidity compression • Stops resting above 25,135 • Stops resting below 24,950 • Market coiling Institutions often let price sweep one side before expansion. The best move likely comes after liquidity grab, not inside range. Key Decision Levels Upper Trigger: 25,135 Lower Trigger: 24,950 Major Weekly Resistance: 26,238 Major 4H Support: 24,389 Summary NDX 1H is range-bound between 24,950 and 25,135. Trade extremes until breakout. Expect expansion after liquidity sweep of one side. Avoid mid-range entries around 25,000–25,050. Execution Tip: When volatility contracts and moving averages flatten, the next breakout often delivers the largest R opportunity. Trade Safely, Enjoy!