price is now forming a diamond top pattern US Tech 100 CashIG:NASDAQMarcel_PlatonAfter a sharp ~35% rally (April–June), price is now forming a diamond top pattern — first expanding volatility, now contracting into a tightening range between 28,880 and 30,400. This structure typically signals exhaustion after a parabolic move and often precedes a reversal. Price is currently testing the lower boundary (~29,060). A confirmed break below 28,880 would validate the pattern, opening downside targets at 26,230–26,770 (Target 1) and 25,830–26,000 (Target 2), both aligning with prior support from the Feb–Mar range. Invalidation: a reclaim above 30,400–30,750 would negate the bearish setup and favor trend continuation.