NASDAQ Index Analysis (US100 / NASDAQ)US 100 IndexFX:NAS100Fadi_radarThe index is moving within an upward channel in the broader trend and is currently trading near the 23,550 area, which is a pivotal zone between two possible scenarios: 🔻 Bearish Scenario: If support at 23,500 breaks and holds below this level, we could first see a decline toward 23,400, followed by a potential drop to the 23,290 test zone. Breaking this level may open the door for further downside corrections. 🔺 Bullish Scenario: If the price successfully breaks and holds above 23,680, this could support a continued rally toward 23,800, and with sustained momentum, the market may target a new high.