USNAS100 | Resilient Growth and AI Boom Support Further UpsideUS Nas 100OANDA:NAS100USDSroshMayiUSNAS100 | Technical Overview The Nasdaq moved exactly in line with our previous projection yesterday, rejecting from our 29370 pivot level and falling toward 29050, delivering a move of around 250 points. Today, volatility is expected to remain elevated, particularly around Nvidia’s earnings release after the market close. Given Nvidia’s influence on the AI sector and the broader Nasdaq, its results and forward guidance could become a major catalyst for the next directional move. Technically USNAS100 is currently consolidating within the 29040–29280 decision zone, awaiting a confirmed breakout. A 1H or 4H candle close above 29280 would strengthen bullish momentum and support a recovery toward 29680, followed by 29980. On the other hand, a confirmed 1H or 4H candle close below 29040 would signal bearish continuation. In that scenario, the price could move toward 28865, followed by 28600–28610. Due to Nvidia earnings, sharp volatility and potential false breakouts are possible, especially around and after the release. Support: 28865 – 28600 Resistance: 29280 - 29680 – 29980