NAS100 Sell-Off Into Exhaustion : Reversal Setup FormingUS Tech 100 IndexPEPPERSTONE:NAS100WeTradeWAVESNAS100 has experienced a sharp impulsive move to the downside, reflecting strong bearish momentum and a clear breakdown in recent structure. The aggressive sell-off suggests panic-driven liquidity being cleared, often seen toward the later stages of a move. Price is now approaching a key reaction zone where the downside momentum appears stretched, increasing the probability of a short-term relief bounce. The projected path highlights a potential shift from impulsive selling into a corrective recovery phase. If buyers step in from this region, we could see a retracement move unfold as the market rebalances before determining its next directional phase. Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.