Symmetrical Triangle – Consolidation & Potential Breakout LevelsUS Tech 100 IndexPEPPERSTONE:NAS100JAG_TraderThe Nasdaq 100 (NAS100) is currently forming a symmetrical triangle on the 4-hour timeframe, a consolidation pattern indicating market indecision. We are at a critical juncture where price action is compressing, awaiting a catalyst to dictate the next major trend. Key Technical Observations: Bullish Scenario: If the price breaks above the upper trendline, the projected technical target (based on the pattern height) sits at the 32,372.4 level. Bearish Scenario: If the price breaks below the lower trendline support, the projected technical target is the 26,727.8 level. Market Context: This consolidation is occurring above a significant support zone. I am monitoring for a breakout with confirmed volume before committing to a directional bias. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always prioritize strict risk management in your trading.