Most Traders Are Watching the Highs. I’m Watching This .US Tech 100, DailySPREADEX:NDXnino_eririEveryone is asking whether NDX is ready for another all-time high. I’m watching something else. The most important level on my chart isn’t the recent high—it’s the 26200–26800 support zone. Over the past year, every meaningful correction has eventually turned into another leg higher. The chart also highlights an interesting pattern: previous pullbacks created Fair Value Gaps before the trend resumed. While that doesn’t guarantee history repeats itself, it does suggest the next reaction around support could matter far more than the next breakout. From a technical perspective, NDX remains inside its long-term ascending channel, so the broader bullish structure is still intact. Key levels I’m watching: Resistance: 29100–29400 — previous highs and a clear supply zone where sellers have repeatedly stepped in. Primary Support: 26200–26800 — overlapping Fair Value Gap, previous structure, and the area most likely to determine whether buyers remain in control. Major Demand: 22000–23000 — the long-term support that would only come into play if the current trend fails. My preferred scenario is actually one more controlled pullback into the 26600–26800 region. If buyers defend this area and reclaim momentum, the next move toward 30000+ would have a much stronger foundation than chasing price at current levels. However, if NDX loses 26400 decisively, the probability of a deeper correction increases, and the market could shift its focus toward the lower demand zone instead of immediate new highs. I’ll be using the 26,200–26,800 area as my key confirmation zone. If buyers step in and defend this level, it would strengthen the case for another move toward new highs. For now, I’m less interested in whether NDX can break new highs this week. I’m more interested in whether buyers are still willing to defend the next dip. That’s the answer that will likely determine the next major move.