US100 (Nasdaq) H4 – Bearish OutlookUS Tech 100 CashIG:NASDAQBabyPips95📊 US100 (Nasdaq) H4 – Bearish Outlook US100 has rallied into a major descending trendline, where dynamic resistance continues to cap bullish momentum. Unless buyers secure a confirmed breakout, the overall structure favors another move lower. 🔹 Price is testing the descending trendline resistance. 🔹 A rejection from this area could trigger a fresh bearish leg. 🔹 The highlighted demand zone around 28,800 is the primary downside target. 🔹 A strong close above the trendline would invalidate the bearish outlook and signal further upside. Bias: Bearish below the descending trendline. Wait for rejection confirmation before considering short positions.