US100 Price Update – Clean & Clear ExplanationUS100SKILLING:US100Pintu_sahu01US100 is showing a strong bearish reaction after reaching a major resistance and supply zone around the 30,600 area. Price attempted to continue the bullish trend but failed to hold above the resistance, leading to an aggressive sell-off and rejection candle. This suggests that institutional sellers may have stepped in to defend higher prices, creating downward pressure in the market. From a technical perspective, the recent move looks like a liquidity grab above previous highs, where buy-side liquidity was taken before the market reversed lower. The sharp rejection from the upper zone indicates that buyers are losing momentum while sellers are gaining control. Price is now trading below short-term support and is testing the mid-range demand area near 30,300. If bearish momentum continues, the next downside targets could be around 29,800, followed by the stronger support zone near 29,450, where resting liquidity and previous market reactions are located. However, if buyers manage to reclaim and hold above 30,300–30,400, a short-term recovery toward the resistance zone could still be possible. Key Resistance: 30,600 – 30,700 Key Support: 30,300 → 29,800 → 29,450 Expected Scenario: Rejection from resistance may drive price toward lower liquidity zones before any meaningful bullish recovery. Fundamentally, the weakness may be linked to profit-taking after the recent rally, cautious sentiment surrounding upcoming economic data, higher Treasury yields, or renewed expectations regarding Federal Reserve policy. When investors become risk-averse, technology-heavy indices such as NASDAQ often experience stronger selling pressure. Ps; Support with like and comments for better analysis Thanks for Supporting.