NASDAQ – Bullish Breakout SetupUS Tech 100 CashIG:NASDAQForex_Market_InsightsNASDAQ is showing signs of a bullish recovery on the 1H timeframe after reacting strongly from the 27,000–27,400 demand area. Price has since formed a series of higher lows and pushed back above the descending HTF trendline, indicating a potential shift in market structure. The current price is trading around 28,448, with a Volume Imbalance zone around 28,200–28,450 acting as an important support area. Holding above this zone would keep the bullish structure intact. Above price, the major resistance zone lies around 28,580–28,700. A clean H1 breakout and acceptance above this resistance could trigger further upside momentum. If the breakout is confirmed, the next major objective is the 29,800–29,850 buy-side liquidity, which represents the significant liquidity pool marked on the chart. 🎯 Bullish Scenario Support: 28,200–28,450 Resistance: 28,580–28,700 Breakout Confirmation: H1 close above 28,700 Major Liquidity Target: 29,800+ As long as NASDAQ holds above the 28,200 volume imbalance, the setup remains bullish, with a potential expansion toward the 28,700 resistance and, following a confirmed breakout, the 29,800 buy-side liquidity. ⚠️ A sustained move back below 28,200 would weaken the bullish setup and could lead to a deeper retracement.