NAS100 Weekly Analysis | Bulls Regain Momentum, 30,357 in FocusUS 100 IndexFX:NAS100FrankAgboNAS100 has produced an impressive recovery after rejecting a major demand zone, with buyers driving price back toward a significant resistance level. The current market structure suggests bullish momentum is strengthening, but the next resistance will determine whether the rally continues or pauses. 🔍 Market Structure The index respected the long-term demand zone near 28,750, where buyers aggressively defended lower prices. Following this rejection, NAS100 formed a series of higher lows and strong bullish candles, confirming that buyers have regained short-term control. Price is now approaching the first major resistance around 29,885. A successful breakout above this level would increase the probability of a continuation toward the next key resistance at 30,357. 📊 Weekly Trade Plan 🟢 Bullish Scenario Buy on a confirmed breakout above 29,885 or after a bullish retest. 🎯 Target 1: 30,150 🎯 Target 2: 30,357 🎯 Extended Target: 30,500+ 🔴 Bearish Scenario If buyers fail to break above 29,885, expect a temporary pullback toward support before another attempt higher. 🛑 Key Support: 28,750 Demand Zone ✅ Reasons for the Bullish Bias Strong rejection from a major demand zone. Higher-low market structure remains intact. Buyers have reclaimed short-term momentum. Price is approaching resistance with increasing bullish pressure. Overall trend continues to favor upside unless support is broken. ⚠️ What to Watch This Week The 29,885 resistance is the most important level to monitor. A strong daily or 4-hour close above it could trigger fresh buying interest and accelerate the move toward 30,357. However, if sellers reject price at resistance, expect consolidation or a healthy retracement before the next breakout attempt. 📌 Weekly Outlook: Bullish, with 29,885 acting as the breakout trigger and 30,357 serving as the primary upside target. Always wait for confirmation before entering a trade and manage your risk carefully. #NAS100 #NASDAQ #US100 #TradingView #TechnicalAnalysis #PriceAction #Forex #Indices #SwingTrading #WeeklyAnalysis #SmartMoney #SupportAndResistance #RiskManagement