NAS100 - Breakout Holds Stance, Bulls Head Towards

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NAS100 - Breakout Holds Stance, Bulls Head TowardsUS Tech 100CAPITALCOM:NAS100AuricVerse_HQHi traders, do you think this setup has enough momentum to continue? The NAS100 NAS100 has broken out of its extended downtrend line after a fairly clear V-shaped reversal around the 27K region. The price is currently holding above the Ichimoku cloud and consolidating near 29,700–29,800, so the H4 structure still favors buyers. The area I want to watch for a pullback is 28,800–29,500. As long as this area holds, I still prioritize the possibility of the index continuing to expand: 🎯 Target: 30,900 On the other hand, the macroeconomic market is providing slight support as the US CPI meeting expectations has reduced the likelihood of a Fed interest rate hike in September and improved sentiment towards growth stocks. I don't prioritize chasing the price around the current level. A retest that holds the buy zone would create a better structure. If the H4 chart turns below 28,800, this bullish setup needs to be re-evaluated. AURICVERSE View: The breakout has happened; now the important thing is whether buyers can hold the breakout zone. If they can, 30,900 remains my preferred target. How are you reading this structure? Share your view below.