Nasdaq NAS100 Volume Profile: The Make-or-Break Level To Watch US Tech 100 IndexFUSIONMARKETS:NAS100fxtraderanthonyNAS100 ๐ The macro narrative heading into this week is dominated by the fallout from the Federal Reserve's recent hawkish shift and shifting US jobs data, which has kept rate-sensitive tech indices on a tight leash ๐ฆ. Interestingly, general online sentiment is heavily leaning bearish following a rocky close to the previous month, with retail groups aggressively calling for an AI bubble pop and further downside. This dense concentration of late retail shorts suggests a classic liquidity hunt could be brewing to sweep those early trend-followers before the true directional move establishes itself. We are seeing a corrective Market Structure on the H1 timeframe within a broader structural consolidation ๐. Price action recently experienced a sharp markdown followed by a technical ascending channel, which is currently testing the lower bounds of our established value parameters. While widespread community chatter is confidently calling for a textbook breakdown, the Dow Theory perspective shows a series of higher lows within the channel, implying that retail sellers may be trapped if we see an impulsive structural reclaim. Key Zone: The primary focus is the prominent high-volume node visible right around the $29,472 to $29,485 area, serving as our immediate Point of Control (POC) and the bottom of the value range ๐. We are currently trading at the low of the macro range, presenting a critical inflection point for Auction Market Theory participants. I am watching for a swift "run on liquidity" to sweep the late sellers I'm seeing across various social forums before the index decides its next quarterly path ๐งน. If the market aggressively breaks above the bottom of this value range and reclaims the low value area, I will flip structurally bullish, looking to trade the rotational theme back toward the high of the value range near $30,273. Conversely, if the price holds under this immediate value area, fails to find acceptance, and exhibits a bearish Break of Structure (BoS) on the retest, I will respect the seller-controlled regime and look to short the market further down into the macro structural vacuum. My Trade Plan ๐ฏ Bias: Neutral-Biased Long. Exercising strict patience until the market confirms acceptance or rejection at the value threshold. Entry Protocol: I will execute a Buy trigger upon a clean, impulsive bullish BoS above $29,485 followed by a successful retest of the range floor as support. If the retest fails and prices hold firmly below $29,472, the short trigger activates on a bearish BoS retest to target lower liquidity pools.