NASDAQ / US TECH — 1002H TECHNICAL ANALYSISUS Tech 100 CashIG:NASDAQMarketStrategysignals📊 NASDAQ / US TECH 100 — 2H TECHNICAL ANALYSIS 🎯 Liquidity → Structure → Entry → Targets Current price: ~29,370 Timeframe: 2H Chart structure: Bullish recovery inside a rising channel, but price is currently in a pullback phase. 🧭 1. MARKET STRUCTURE The chart shows a clear shift from bearish structure to bullish recovery. 🔻 Earlier sell-off: price fell aggressively from the 30,200 area. 🔄 A CHoCH (Change of Character) appeared around the 29,550 region, indicating that sellers were losing control. 📈 Price subsequently created higher lows and higher highs. 📐 The rising trend/channel remains valid while price holds above the lower trendline and the broader support zone. Current bias: 🟢 Bullish — but waiting for confirmation. The recent rejection from ~29,700 means momentum has temporarily weakened. I would not chase price in the middle of the range. 🟩 2. MAJOR SUPPORT / DEMAND 28,900 – 29,050 🛡️ This is the major marked support zone. It is important because it combines: Previous reaction lows Liquidity below the recent structure Demand/support area Lower portion of the broader bullish structure A decisive break below this zone would significantly weaken the bullish thesis. 29,150 – 29,280 🎯 This is the more interesting short-term retracement/entry area, particularly around the marked ENTRY box. The chart's projected path suggests a potential liquidity sweep into this area before continuation higher. 🟧 3. ENTRY ZONE 29,150 – 29,280 This is the zone your chart identifies as ENTRY. However, professionally, I would distinguish between: Aggressive entry: 🟠 Buy a reaction inside the zone. Conservative entry: 🟢 Wait for a sweep/rejection + bullish 2H structure shift before entering. The second approach reduces the probability of entering while price is still falling. ⚠️ Important Do not treat the orange box as an automatic buy zone. The ideal confirmation would be: Liquidity sweep ↓ → rejection → bullish CHoCH/BOS → entry → continuation 🎯 4. UPSIDE TARGETS Target 1 — 29,550–29,650 First structural resistance. This is where price previously showed consolidation/rejection. Target 2 — 29,800–29,950 🟥 FVG zone A move into this imbalance would represent a logical intermediate objective. Target 3 — 29,950–30,050 🟧 Order Block This is the most important upside supply area marked on your chart. Price could react strongly here. Target 4 — 30,243.9 🔴 Major resistance This is the key higher-timeframe resistance shown on the chart. A sustained break above 30,243.9 would materially strengthen the bullish continuation scenario. 📐 5. THE FVG + ORDER BLOCK The chart has a very clean confluence: 29,800–29,950 → FVG ⬆️ ~29,950–30,050 → Order Block ⬆️ 30,243.9 → Major Resistance Therefore, if the long setup activates, I would expect 29,800–30,050 to be the first major profit-taking/supply region, rather than assuming price immediately reaches 30,244. 🧨 6. INVALIDATION The bullish setup becomes questionable if price: 🔴 Breaks below the rising structure 🔴 Loses the 29,150 area with strong momentum 🔴 More importantly, breaks and accepts below 28,900–29,050 support A clean 2H close below the major support would invalidate the current bullish continuation thesis and open the possibility of a deeper bearish retracement. 🧠 7. PROFESSIONAL TRADE PLAN 🟢 LONG SCENARIO — PRIMARY Entry: 29,150–29,280 after confirmation Confirmation: liquidity sweep + bullish CHoCH/BOS TP1: 29,550–29,650 TP2: 29,800–29,950 TP3: 29,950–30,050 TP4: 30,243.9 📌 Management: After TP1/TP2, consider reducing risk and protecting the position rather than holding the entire size for the final target. 🔴 BEARISH ALTERNATIVE If price fails to hold the entry region and breaks the rising structure: 29,150 → 29,050 → 28,900 A confirmed break beneath the major support would shift the structure from bullish continuation toward bearish correction. 🔥 FINAL VERDICT BIAS: 🟢 BULLISH / BUY THE DIP — NOT BUY THE CHASE The strongest feature of this chart is the bullish structural recovery + rising trendline + support confluence. The preferred sequence is: 💧 Liquidity sweep ⬇️ 🟧 29,150–29,280 ENTRY AREA ⬆️ 📈 Bullish CHoCH/BOS confirmation ⬆️ 🎯 29,550 ⬆️ 🎯 29,800–29,950 FVG ⬆️ 🎯 30,000 Order Block ⬆️ 🎯 30,243.9 Resistance ⭐ Key rule Don't enter simply because price touches the box. Let price prove the reversal. This is a technical scenario based only on the chart provided, not a guaranteed prediction or financial advice.