NASDAQ (US100) – Bullish Reversal from Trendline Support | RSI D

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NASDAQ (US100) – Bullish Reversal from Trendline Support | RSI DUS Tech 100 Cash ($100)IG:NASDAQTrade_With_SherryPrice is currently respecting a well-defined ascending trendline support zone. After a sharp corrective move, the market has reacted strongly from the demand area, forming higher lows inside the rising channel. Additionally, RSI is showing clear bullish divergence, indicating weakening bearish momentum and increasing probability of upside continuation. 🎯 Trade Plan (Long Bias) Entry Zone: Around current support region inside ascending channel. Stop Loss: Below channel support & recent swing low (structure invalidation level). Targets: TP1: Previous minor resistance / structure high TP2: Mid-range resistance TP3: Major resistance zone near recent highs Partial profit booking recommended at TP1 to secure risk.