USNAS100 |Remains Under Pressure Amid Geopolitical Uncertainty

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USNAS100 |Remains Under Pressure Amid Geopolitical UncertaintyUS Nas 100OANDA:NAS100USDSroshMayiUSNAS100 | Nasdaq Remains Under Pressure Amid Geopolitical Uncertainty Technology stocks continue to trade cautiously as investors monitor the renewed U.S.-Iran conflict alongside expectations for the Federal Reserve's next policy move. While recent geopolitical escalation continues to weigh on market sentiment, any signs of renewed diplomatic negotiations could quickly improve risk appetite, especially across the technology sector. Technical Analysis The market remains under bearish pressure while trading below the 29480 pivot level. • As long as the price remains below 29480, sellers are expected to target the 29340 support level. • A confirmed break below 29340 would support a continuation of the bearish trend toward 29050, followed by 28790. • However, any fresh de-escalation headlines could trigger a bullish recovery toward 29740 and 30030. Support: 29340 - 29050 - 28790 Resistance: 29740 - 30030