NASDAQ 100 (US Tech 100) – Bearish Structure Below HTF TrendlineUS Tech 100 CashIG:NASDAQForex_Market_InsightsUS Tech 100 (NASDAQ) is currently maintaining a clear bearish market structure on the 4H timeframe. After rejecting multiple higher-timeframe Bullish Order Blocks, price has consistently failed to establish a new Higher High, confirming that sellers remain in control. Every bullish rally has been met with strong selling pressure, producing repeated CHoCH (Change of Character) and lower highs, which strengthens the overall bearish bias. The most important technical factor is the Higher Timeframe (HTF) descending trendline, which has acted as dynamic resistance throughout the recent decline. Price has respected this trendline several times, and each rejection has led to another impulsive bearish move. As long as price remains below this HTF trendline, the probability continues to favor downside continuation. The chart also shows that several Bullish Order Blocks were created during previous bullish impulses, but instead of acting as strong demand zones, they have been repeatedly rejected. This tells us that institutional buying pressure is weakening while sellers continue defending premium price levels. Every revisit into these order blocks has resulted in aggressive selling, confirming that smart money is distributing positions rather than accumulating. At the current market location, price has entered a significant Demand Order Block around the 27,450–27,600 region. This area may trigger a short-term reaction or relief bounce because it represents an institutional demand zone where liquidity has previously entered the market. However, traders should remember that support does not automatically mean reversal. If buyers fail to produce a strong bullish displacement from this demand zone, the ongoing bearish trend is likely to continue. Above the current price lies a Resistance + Fair Value Gap (FVG) zone around 28,650–28,800. This area is highly significant because it combines an imbalance with previous resistance. If price performs a corrective rally into this FVG while showing bearish confirmation such as rejection candles, CHoCH on lower timeframes, or bearish market structure shifts, it could provide one of the highest-probability short opportunities in line with the dominant trend. Liquidity also plays an important role in the current structure. The recent sell-off swept the Weak Low, indicating that downside liquidity has already been partially collected. Nevertheless, beneath the current demand zone lies another major Order Block & Liquidity Pool around 26,900–27,000. Markets often seek deeper liquidity before establishing larger reversals, making this area a realistic downside target if the present support fails. Bearish Confirmation Market structure continues to print Lower Highs and Lower Lows. Multiple CHoCH signals confirm repeated bearish transitions. Price remains below the HTF descending trendline. Previous Bullish Order Blocks have turned into rejection zones. Sellers continue defending premium areas aggressively. Bullish Scenario A temporary recovery remains possible from the current Order Block. However, for buyers to invalidate the bearish outlook, price must: Hold above the current demand zone. Break and close above the Resistance + FVG. Reclaim the HTF trendline. Print a confirmed Higher High followed by bullish continuation. Without these confirmations, any upward movement should currently be viewed as a corrective pullback rather than a trend reversal. Bearish Targets First target: Retest of the current demand zone after any pullback. Second target: Sweep below the recent Weak Low. Final major target: 26,900–27,000 Liquidity Pool, where a larger institutional reaction may occur. Trading Perspective The overall technical structure strongly favors selling rallies instead of chasing buys. The highest-probability setup would be to wait patiently for price to retrace into the Resistance + FVG or any unmitigated bearish supply area, then look for lower-timeframe bearish confirmation before entering. Until the HTF trendline is broken and market structure shifts bullish, the path of least resistance remains to the downside.