US100 Trade Setup: Retest & Fail Strategy NAS100US Tech 100 IndexFUSIONMARKETS:NAS100fxtraderanthonyNAS100 (US100) NASDAQ 🌍 The macro narrative heading into this week is dominated by central bank rate expectations and upcoming mega-cap earnings reports 🏦. Market chatter suggests general sentiment is heavily leaning bullish, with online communities actively trying to buy the dip near intermediate support. This strong retail consensus creates a classic backdrop for a liquidity hunt, sweeping late long positions before a true expansion leg gets underway... We are currently tracking a neutral-to-distributional market structure on the 30-minute time frame, reflecting classic Wyckoffian transition behavior 📉. While community sentiment remains stubbornly bullish, the repeated rejections at upper value levels and lower-high developments suggest retail buyers are getting trapped inside this balance area. Until we get a definitive breakout, price is simply oscillating between balance boundaries where chasing moves offers no statistical edge... Key Zone: The critical inflection point sits directly at the Value Area Low (VAL) at 27,691.45, which converges with the lower VWAP bands 📉. Overhead balance sits anchored by the high-volume POC region between 27,788.08 and 27,837.49, while upper resistance remains capped at 27,946.03... We are currently positioned right near the bottom of this consolidation range, testing the lower value boundary 🧹. I am patiently watching for a sweeping run on liquidity below the 27,691.45 level to clear out the clustered stop-losses of late retail buyers before taking action... My Trade Plan 🎯 Bias: Bearish (Conditional). Extreme patience required—I will remain entirely hands-off if price trades bullishly or stays trapped within the value area. Entry Protocol: Look for a clean, decisive bearish Break of Structure (BoS) below the Value Area Low (27,691.45). Following the breakdown, wait for a weak, low-volume pullback retest into the broken range low that remains strictly capped below VWAP. Upon a confirmed retest failure, execute a Short position targeting lower expansion nodes. If price re-enters the range or trades bullishly, the setup is invalid and the idea is abandoned.