MNQ Key Levels: Will the June Floor Hold?Micro E-mini Nasdaq-100 Index FuturesCME_MINI_DL:MNQ1!StewnomicsThe Bearish Case (Continuation)If price remains accepted below 29,330, the path of least resistance remains down.Support 1 (29,215): The June 11 VWAP area. Expect an initial reaction here. Support 2 (28,987): The June 10 Value Area Low (VAL). This is a heavy institutional level. Support 3 (28,673): Major structural support. A failure here opens up a much deeper correction. The Bullish Case (The Retracement & Trap)If we see a relief bounce, look for sellers to defend the overhead supply.Resistance 1 (29,415): The immediate breakdown retest zone. Ideal location to look for fading volume.Resistance 2 (29,488 - 29,525): Deeper supply/Value Area cluster.Bullish Activation (Above 29,750): If MNQ reclaims and accepts above 29,750, the bearish structure is officially invalidated. This indicates a potential bear trap, opening the door back toward 30,000+