NDX Ahead of the Fed: Long Opportunity Above 29,650NASDAQ 100 IndexNASDAQ_DLY:NDXBotTradeLabThe Nasdaq 100 is consolidating below an important resistance zone on the 4-hour chart. The area between 29,150 and 29,200 has been defended several times, while 29,600–29,700 remains the short-term upper boundary. My preferred setup is not an anticipatory entry, but a confirmed breakout. LONG CONFIRMATION A 4H candle close above 29,650 ENTRY ZONE 29,600–29,680 on a successful retest STOP-LOSS 29,150 TARGETS TP1: 30,050 TP2: 30,400–30,500 Extended target: 30,800 A brief wick above 29,650 is not sufficient. The decisive signal would be a confirmed 4H close above resistance, ideally followed by a successful retest of the breakout zone. The EVT Tails indicator currently shows a stronger positive tail. This supports the bullish scenario, but it does not replace confirmation from price action. Special caution is required around Wednesday’s Federal Reserve interest-rate decision. The first move could be a false breakout, so I would avoid entering immediately after the announcement. INVALIDATION A 4H close below 29,150 invalidates the long setup. Below 28,800, the market structure would become considerably more bearish, with potential downside targets at 28,400 and 27,800. This analysis is for educational purposes only and does not constitute financial advice.