US100 Bearish Outlook US 100CAPITALCOM:US100rehankhananiThe US100 (Nasdaq 100) is currently transitioning from a sustained bullish trend into a distribution and early bearish phase, as evident on the daily timeframe. After multiple rejections from the 25,800–26,200 supply zone, price has failed to establish higher highs, forming a clear lower high structure, which signals weakening bullish momentum and increasing institutional selling pressure. Recent price action shows a breakdown of short-term support levels, with the index now hovering near a critical demand zone around 23,600–24,000. This level is acting as a short-term decision point; however, the structure suggests that buyers are losing control. 🔻 Bearish Scenario (Primary Bias) As long as price remains below the 25,000–25,500 resistance zone, the market favors downside continuation. Key downside targets: 23,600 – 23,400 → Immediate support (currently under pressure) 22,800 → Liquidity pocket and prior support 21,800 – 22,000 → Strong structural demand zone 20,000 – 20,300 → Major macro accumulation zone A confirmed breakdown below 23,400 could trigger an accelerated move toward 22,800, as the chart shows relatively weak support in between.