NAS100 (US100) Technical AnalysisUS Tech 100CAPITALCOM:NAS100MarketStrategysignals📉 NAS100 (US100) Technical Analysis – Bearish Retracement Opportunity 🔻 🎯 Market Overview The NAS100 is currently trading within a broader bullish structure, but recent price action suggests that a short-term bearish correction could develop before the next major directional move. Price has reacted strongly from higher levels and is now showing signs of weakness below a key resistance zone. 🏗️ Market Structure Analysis 🔹 The market previously established a strong bullish trend, creating a series of higher highs and higher lows. 🔹 After reaching the major resistance area around 30,761, buyers failed to push price higher, leading to a bearish reaction. 🔹 A Break of Structure (BOS) and subsequent Change of Character (ChoCH) can be identified on the chart, indicating a shift in momentum and increasing seller presence. 🔹 The recent rejection from resistance confirms that the market is respecting institutional supply zones. 🏦 Smart Money Concept (SMC) Perspective 📌 The highlighted Order Block (OB) near the resistance area remains the key institutional supply zone. 📌 Price has already shown a strong bearish impulse from this region, suggesting that smart money may be distributing positions. 📌 A retracement into the marked Entry Zone could provide fresh liquidity for sellers before another move lower. 📌 The circled area appears to represent a liquidity sweep where price collected buy-side liquidity before reversing downward. 📍 Key Levels to Watch 🚧 Resistance Zone 30,761 Major supply area. Sellers remain in control below this level. A confirmed breakout above this zone would weaken the bearish setup. 🎯 Entry Zone 30,000 – 30,300 Potential retracement area. Looking for bearish confirmation signals such as rejection candles, bearish engulfing patterns, or lower timeframe structure shifts. 🎯 Target Zone 28,300 – 28,500 Significant Order Block and demand area. Logical profit-taking zone for short positions. 📉 Trading Scenario ✅ Price retraces into the highlighted Order Block. ✅ Sellers step back into the market and defend resistance. ✅ Bearish momentum resumes. 🎯 First target: 29,000 area 🎯 Final target: 28,400 Order Block zone ⚠️ Risk Management 🚫 Invalidation Level: Above 30,761 If buyers successfully break and close above resistance, the bearish outlook may fail and a continuation toward new highs becomes more likely. 🔥 Conclusion The overall setup favors a bearish retracement trade while price remains below the 30,761 resistance zone. The highlighted Order Block offers a high-probability area for sellers to re-enter the market. A pullback into resistance followed by bearish confirmation could trigger a move toward the 28,400 demand zone, making this one of the key levels to monitor in the coming sessions. 📊🐻📉