USNAS100 Consolidates After Rally | Key Zone 24980–25140

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USNAS100 Consolidates After Rally | Key Zone 24980–25140US Nas 100OANDA:NAS100USDSroshMayiUSNAS100 | Technical & Fundamental Outlook (8 April) Wall Street futures climbed as markets reacted positively to a temporary U.S.–Iran ceasefire, easing immediate geopolitical risk and pushing energy prices lower. However, the sustainability of this rally depends on real progress in negotiations, as uncertainty remains over whether a lasting agreement can be achieved and the Strait of Hormuz fully reopened. Technically: The market is currently trading within a consolidation range between 25140 and 24980, awaiting a breakout. A move above 25140 would confirm bullish continuation toward 25410 → 25920 A break below 24980 would extend the correction toward 24570 Key Levels: Pivot Line: 25140 Support: 24700 – 24570 – 24430 Resistance: 25410 – 25920