USTEC NASDAQ clear 4-hour (HTF) analysis

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USTEC NASDAQ clear 4-hour (HTF) analysisUS Tech 100 IndexICMARKETS:USTECMohammed6figurevery clear 4-hour (HTF) analysis. The chart comprehensively displays the price action and market structure. 1. Market Structure Analysis (SMC) Macro Structure: The overall higher timeframe trend on the 4H remains bearish following the major structural break (Major CHoCH) and the strong sell-off from the high at 30,639.33. Current Momentum (Pro-Trend Correction): The current aggressive bullish movement off the bottom (Weak Low at 27,060.04) is a complex retracement designed to sweep liquidity and test premium pricing zones. 1H OB Break (Temporary Bullish Confirmation): The recent bullish momentum broke through the previous 1H Order Block high at 29,189.78 with strength (BOS on lower timeframes), paving the way toward the correction targets. 2. Projected Price Scenario (Matching Your Chart): Bullish Target Phase (Liquidity Run): Price is currently expanding toward the main HTF Supply / Premium OTE zone (grey box) between 29,588 (70.80% Fibonacci level) and 29,887 (79.00% Fibonacci level). This area serves as a high-probability selling zone, as it overlaps with golden Fibonacci levels and contains sufficient liquidity for institutional re-pricing. Targeted Bearish Expansion (Main HTF Leg): Upon reaching the grey supply zone (29,600 – 29,880), a strong bearish rejection is anticipated. If the bearish continuation unfolds as drawn, the ultimate target remains the sell-side liquidity beneath the Weak Low (27,060.04). Note: A sustained break and candle close above 30,639.33 is the sole invalidation criteria for this overall macro bearish outlook.