USNAS100 | Bears Remain in Control as Nvidia Earnings ApproachUS Nas 100OANDA:NAS100USDSroshMayi The Nasdaq NAS100USD remains under pressure as investors balance geopolitical uncertainty, elevated Treasury yields and this week's major Nvidia earnings release. Nvidia's results and guidance will be particularly important for the Nasdaq due to the company's influence on the broader AI and semiconductor trade. Meanwhile, developments surrounding U.S.-Iran tensions and oil prices could continue to create sudden volatility across technology stocks. Technically USNAS100 continues to trade within a bearish structure, with the 29230–29370 area acting as an important resistance and decision zone. As long as the price remains below 29230–29370, bearish continuation remains favored toward 28860, followed by 28600. A confirmed break below 28600 would strengthen the bearish structure and could expose the next major downside level around 27540. On the other hand, the market needs to reclaim 29440 to strengthen the recovery. A confirmed break above this level would support a move toward 29680. A 1H or 4H candle close above 29680 would strengthen the bullish scenario and open the way toward 29980, followed by 30220. Pivot Line: 29230 Support: 28860 – 28600 – 27540 Resistance: 29440 – 29680 – 29980 – 30220