US100 Price Update – Clean & Clear Explanation

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US100 Price Update – Clean & Clear ExplanationUS 100CAPITALCOM:US100Pintu_sahu01US100 is showing renewed bullish momentum after breaking above a descending trendline that had been capping price since the recent highs. The index rebounded strongly from the 24,700–24,750 support zone, printing a sharp bullish impulse that pushed price back above the 25,000 psychological level. Currently, price is consolidating just above former resistance near 24,900–24,950, which now acts as short-term support. As long as the market holds above this area, buyers remain in control, with upside potential toward the 25,300–25,400 resistance zone. A sustained move above 25,400 could open the door for further continuation higher. However, if price fails to maintain support above 24,900 and slips back below 24,800, it may signal a false breakout and expose the index to renewed downside pressure toward 24,700. “If you come across this post, please like, comment, and share. Thanks!”