NASDAQ NAS100 Technical Analysis and Trade IdeaUS Tech 100 IndexPEPPERSTONE:NAS100fxtraderanthonyMy bias remains bullish on the NAS100 🐂, but patience is the name of the game today. Fundamentally, the index is struggling for oxygen as the market digests the "no rate cut" reality for January, causing a temporary decoupling from the broader risk-on flows 📉. Technically, we are trapped in a corrective flag, and the rejection at 25,600 confirms that the bears are still defending the highs. If the setup triggers, aim for a 5R return to start 🎯. If the price action reclaims 25k within our optimal entry zone. Look to close partial profits (50%) at 25,400 (1R) 💰, then let the rest run and use a trailing SL. Patience pays on this one, let the setup come to us. ⏳ This trade is invalidated if we lose the 24,550 structural pivot 🛑.