US Tech 100: Sellers Are Testing the Floor

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US Tech 100: Sellers Are Testing the FloorUS Tech 100TRADENATION:USTECGoldenPearl_tradThe broader structure remains bearish. Each recovery has failed below the previous swing high, while the descending trendline continues to cap upside attempts. That tells us sellers still have the advantage. Price is now sitting on a support area that has produced reactions in the past. But this time, the setup is different: the market arrives after a sustained selloff, and the response from buyers has been shallow. There is no strong reclaim, no clear shift in momentum, and price is still trading beneath the falling trendline. That makes the current bounce look corrective rather than the start of a reversal. If the support zone breaks and price begins to accept below it, sellers could extend the move toward 28,700. The cleanest confirmation would be a decisive bearish close below the zone, followed by a failed attempt to recover it. The bearish idea would only lose strength if buyers reclaim the highlighted area with momentum and break through the descending trendline. Until then, I remain focused on the downside.