NAS100 |Support Defense & Bullish Expansion

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NAS100 |Support Defense & Bullish ExpansionUS Tech 100CAPITALCOM:NAS100TradeTrioMarket Structure & Context for NAS100 1. Morning Star Reversal: Following the sharp sweep to local lows in early August, price aggressively reclaimed structural levels. A Morning Star candlestick pattern formed right at the primary support zone, signaling strong buy-side defense and higher-low creation. 2. Base Building: Price is currently building a higher base, absorbing supply just below the upper resistance block after successfully retesting demand around 29,000. Key Levels & Execution Strategy 1. Support / Invalidation Zone: 28,800 – 29,000 (Grey shaded block). Defending this region maintains the bullish market structure. 2. Immediate Resistance: 29,600 – 29,800 (Upper grey shaded block). A clean breakout above this zone clears the path for trend continuation. 3. Primary Target: 30,800 (Major range expansion / key target level). Outlook Looking for price to sustain momentum above the 28,800 – 29,000 demand zone and push through the 29,600 – 29,800 supply block. A decisive break above resistance confirms the expansion leg toward 30,800. The bullish setup remains valid as long as price holds above 28,800.