NASDAQ 100 Futures (MNQ) – Testing Channel Resistance

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NASDAQ 100 Futures (MNQ) – Testing Channel ResistanceMicro E-mini Nasdaq-100 Index FuturesCME_MINI:MNQ1!signal321MNQ has rallied to the top of its rising channel on both the 1H and 15M charts. Price is now sitting at a critical resistance zone, where past touches have triggered pullbacks. Price is pressing into upper blue channel resistance. Confluence with horizontal supply around 24,080–24,150. Lower timeframes showing early signs of stalling. Risk/reward favors looking for a pullback toward mid-channel or support near 23,840, then 23,600. A breakout above resistance could invalidate the short setup and target 24,300+. For now, watching closely for a rejection signal to confirm short entries.