USNAS100 | Mid-Range Rejection Keeps Bears in Control

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USNAS100 | Mid-Range Rejection Keeps Bears in ControlUS Nas 100OANDA:NAS100USDSroshMayiUSNAS100 | Nasdaq Rejects Mid-Range Resistance as Bears Regain Control The Nasdaq rejected the mid-range resistance exactly as projected in our previous analysis, confirming that sellers remain active despite improving market sentiment. While easing geopolitical tensions continue to support risk appetite, investors remain cautious ahead of upcoming U.S. economic data and Federal Reserve expectations. As a result, the technology sector is likely to remain highly volatile, with AI-related stocks continuing to drive the broader index. The Nasdaq rejected the resistance zone highlighted in our previous analysis and is now approaching an important support area.✅ Technically: • The market remains inside a key trading range. • A break below support could trigger another bearish wave. • A breakout above resistance would improve the bullish outlook. Support: 30,025 – 29,640 – 29,400 Resistance: 30,320 – 30,570 – 30,735 Technology stocks, Fed expectations, and geopolitical headlines remain the key drivers of market direction.