Nasdaq Tests Range High — 25,060 as the Key Inflection LevelUS Tech 100 IndexPEPPERSTONE:NAS100WhaleTJThe Nasdaq’s 1-hour structure continues to grind higher within a range, with price once again approaching the 25,060 prior high resistance. This level has capped upside twice before (red arrows), making it a clear short-term bull–bear inflection point. The 20EMA has risen toward 24,955, keeping momentum biased to the upside. However, failure to break above 25,060 with convincing volume could trigger a pullback toward 24,850 or even the 24,600 range support. A strong breakout and sustained hold above resistance would shift the structure from consolidation to expansion, opening room for further upside. Key focus: whether price can break the prior high with volume confirmation.