NAS100 — Bearish Divergence | Breakdown Sell Setup

Wait 5 sec.

NAS100 — Bearish Divergence | Breakdown Sell SetupNasdaq 100 IndexTHINKMARKETS:NAS100Trad3WithAliNAS100 1H: Price remains in a strong bullish structure, but bearish RSI divergence has developed as price pushes into the 30,700–30,770 resistance area, indicating weakening upside momentum. The setup is to sell only after a confirmed breakdown below 30,410.49, with TP1 at 30,063.60 and TP2 at 29,690.31, while Stop Loss is at 30,770.48. The trade is designed to capture a potential corrective move after the extended rally, with the breakdown level providing confirmation rather than entering solely on divergence. Risk: 1%.