NASDAQ 100 (NQ) Bearish Pullback Toward Cloud Support

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NASDAQ 100 (NQ) Bearish Pullback Toward Cloud SupportE-mini Nasdaq-100 FuturesCME_MINI_DL:NQ1!SMART_MONEY_CIRCLE The NASDAQ 100 E-mini Futures (1H) chart shows a strong bullish trend that recently reached a major resistance zone around **30,900–31,000**. After failing to sustain above this supply area, price experienced a sharp rejection and is now pulling back toward the Ichimoku cloud support. The overall market structure remains bullish, but the recent bearish momentum suggests a deeper correction before buyers may regain control. As long as price remains below the resistance zone, sellers could continue to push the market lower toward the highlighted support area. **🎯 Target:** **30,170** **📉 Extended Support:** **30,100** (Ichimoku cloud support) **⚠️ Resistance:** **30,900 – 31,000** A successful test of the **30,170–30,100** support region could attract fresh buying interest, while a break below this area may signal a larger bearish correction.