USNAS100 | Geopolitical Tensions Keep Nasdaq Under PressureUS Nas 100OANDA:NAS100USDSroshMayi The Nasdaq remains highly volatile as geopolitical tensions continue to influence global risk sentiment. Any fresh escalation could increase pressure on technology stocks, while signs of de-escalation could quickly restore risk appetite and support a recovery. Technically The market is currently undergoing a bearish correction while trading below the key 30165 level. As long as the price remains below 30165, bearish pressure is expected to continue toward 29980. A 1H candle close below 29980 would strengthen the bearish scenario and support further downside toward 29750, followed by 29550 and potentially 29215. However, a 1H or 4H candle close above 30165 would invalidate the corrective bearish scenario and support a bullish move toward 30320, followed by 30520 and 30700. Pivot Line: 30165 Support: 29980 – 29750 – 29550 – 29215 Resistance: 30320 – 30520 – 30700