UPDATED NAS100 4H: Bearish Continuation or Trend Reversal?US Tech 100CAPITALCOM:NAS100Aowa_baneleNAS100 on the 4H timeframe is at a critical juncture, consolidating just above key support after a sharp decline. Price is currently compressing between two descending trendlines, indicating a potential breakout scenario. Technical Scenarios: 1. **Bearish Path (Red Projection):** A rejection at the current resistance zone (~28,766) would confirm the downtrend, potentially leading to a breakdown of support at **28,172.9**. 2. **Bullish Path (Teal Projection):** A break above the descending trendline and the **28,766** level would invalidate the short-term bearish structure. Breaking the recent Higher Low (HL) opens the door for further buying opportunities toward the **30,002.6** resistance. Trade Plan: * **Watch Zone:** 28,766 (Current Resistance) * **Downside Target:** 28,172.9 (Current Support) * **Upside Target:** 30,002.6 (Major Resistance) Tags: `#NAS100` `#US100` `#4H` `#Breakout` `#SupportAndResistance` `#Trendline`