NQ Range Trap: 39-Retest Ceiling in Play, Stacked LiquidityE-mini Nasdaq-100 FuturesCME_MINI_DL:NQ1!ProjectSyndicate▪️ NQ H1 SNAPSHOT — EXECUTIVE SUMMARY ▪️ the Nasdaq trades near 28,735 in the belly of its range, with clear supply overhead and clear demand beneath. Neither side has forced the issue — structure is compressing. ▪️ Primary outlook is neutral/bullish — 28,682 is the hinge. Expect the range to resolve, not to persist forever; trade the edges until it breaks. ▪️ Key resistance zone: 28,934, leaned on 26 times. Above that sits 29,193, then 29,394. ▪️ Major defense line: 28,682 — a moderate level at 16 retests, the shelf that anchors the whole structure. ▪️ Primary downside targets: 28,244, followed by 28,172, where liquidity and demand are stacked. ▪️ Major liquidity magnet below: 28,244–28,172 — this pocket is the downside draw on a break. ▪️ Bullish scenario: Reclaim 28,934 and the balance shifts higher toward 29,193, with 30,010 beyond. ▪️ KEY LEVELSs ▪️ Current Price: 28,735 RESISTANCE ▪️ 30,010 — ★ 4.8 Weak · 27 retests ▪️ 29,766 — ★★ 6.3 Moderate · 40 retests ▪️ 29,394 — ★★★ 7.4 Strong · 39 retests ▪️ 29,193 — ★★ 6.2 Moderate · 7 retests ▪️ 28,934 — ★★★ 7.1 Strong · 26 retests SUPPORT ▪️ 28,682 — ★★ 6.8 Moderate · 16 retests ▪️ 28,244 — ★ 5.0 Weak · 3 retests ▪️ 28,172 — ★★ 6.7 Moderate · 3 retests ▪️ ProjectSyndicate Levels Desk — Overview of key S/R zones for NQ, NVDA, ES, GC & GBPUSD traders every week. Subscribe to stay up to date with the latest levels.