USNAS100 | Consolidation Before the Next Major MoveUS Nas 100OANDA:NAS100USDSroshMayiUSNAS100 | Consolidation Before the Next Major Move The Nasdaq remains trapped inside a consolidation range as investors continue to monitor inflation expectations, Treasury yields, and geopolitical developments. Despite the recent rebound in technology stocks, the broader structure still shows signs of weakness while the market remains below key resistance levels. Technically: The price is consolidating within the 29125 – 29375 range before the next directional breakout. The overall structure still favors sellers unless buyers reclaim the upper resistance zone. A breakout and stability below 29125 would confirm bearish continuation toward 28830, with further downside targets at 28500. However, a breakout and stabilization above 29375 would invalidate the bearish structure and support a bullish rally toward 29650. The current range remains a key decision zone for the next trend.