US100 TREND REVERSAL – BEARISH PRESSURE FROM RESISTANCE

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US100 TREND REVERSAL – BEARISH PRESSURE FROM RESISTANCEUS100SKILLING:US100LucasCapital_ProπŸ’₯ US100 TREND REVERSAL – BEARISH PRESSURE FROM RESISTANCE πŸ“‰πŸ”₯ US100 Technical Analysis (8H Timeframe) πŸ“Š Market Structure: Bearish Rejection After Uptrend US100 was trading in a strong ascending structure, forming consistent higher highs and higher lows. Price recently tapped into a key resistance zone at the top of the channel and showed a sharp rejection, indicating potential trend exhaustion and a possible shift towards a corrective move. πŸ”Ž Key Observations: β€’ Ascending trendline support recently broken β€’ Strong rejection from major resistance zone β€’ Liquidity grab above highs (fake breakout) β€’ Bearish momentum entering the market 🎯 Bearish Targets: β€’ TP1: 28,800 (1st Support Zone) β€’ TP2: 26,800 (Major Demand Zone) πŸ›‘ Stop Loss: Above 30,300 (Recent High / Resistance Break) ❌ Invalidation: A strong close above 30,300 will invalidate the bearish setup and continuation of bullish trend expected. πŸ“‰ Bias: Short-term bearish move expected as price rejects resistance and shows signs of structure breakdown.