NAS100: Tech selloff deepens as AI momentum fadesUS Tech 100 CFDFOREXCOM:NAS100ProfessorSingapore📉 NAS100: Tech selloff deepens as AI momentum fades 🎯 Trade setup: Direction: Short from pullback 🔻 Entry: 28,700-28,760 🛑 Stop Loss: 29,060 🎯 Take Profit 1: 28,430 🎯 Take Profit 2: 28,000 📰 News: NAS100 remains under pressure as the selloff in tech and semiconductor stocks continues. Nasdaq futures were reported lower as chip stocks weakened, with investors questioning whether AI-related valuations are still justified. Netflix also added pressure after a weak outlook, while broader risk sentiment stayed fragile due to renewed Middle East tensions and higher oil prices. 📊 Analysis: On the 1H chart, NAS100 is in a strong bearish impulse. Price is trading near 28,470, below short-term moving averages, and sellers are still controlling the structure. The key support is around 28,430. If this level breaks, downside pressure may continue. RSI is already near oversold territory, so a short-term bounce is possible. But MACD remains negative, which means the rebound still looks corrective unless price reclaims stronger resistance. ⚠️ Not financial advice.