US100US Tech 100CAPITALCOM:NAS100AsifAwan111. Market structure Bearish bias - NAS100 was following a long-term ascending trendline. - Price has broken below that trendline. - The recent rejection around 31,000–31,500 shows selling pressure. - RSI is approximately 31.66, indicating strong bearish momentum and near-oversold conditions. 2. Possible trading scenarios Scenario A: Sell on retest Preferred setup - Wait for price to retrace towards 27,800–28,300. - Look for bearish rejection. - Confirm on H1 or M15. - Target the recent lows around 26,500. Scenario B: Bullish recovery - Price reclaims 28,300. - Daily candle closes above the broken trendline. - Wait for a successful retest before considering buys.