NAS100 Bullish Breakout SetupUS Tech 100 IndexPEPPERSTONE:NAS100MarketStrategysignalsπ NAS100 Bullish Breakout Setup π π Market Overview NAS100 remains in a strong bullish trend, trading inside a well-defined ascending channel. Price has successfully respected multiple support levels and is now testing a significant resistance area near the previous All-Time High (ATH). π Key Technical Observations β Higher highs and higher lows confirm bullish market structure. β Price is holding above the major trendline and channel support. β The highlighted Premium Zone suggests potential short-term profit-taking or liquidity collection. β An EQL (Equal Lows) liquidity area sits below current price and could attract a pullback before continuation. π― Possible Scenario πΉ A temporary retracement into the EQL/support zone may occur to gather liquidity. πΉ If buyers defend that area, price could resume higher toward new highs. πΉ A clean breakout above ATH resistance would strengthen bullish momentum and open the path for further upside. β οΈ Risk Factors β Failure to hold channel support may trigger a deeper correction. β Rejection from ATH resistance could lead to a liquidity sweep toward lower support levels. π‘ Trading Bias π Bullish while price remains above support and within the ascending channel. π Watch for pullback confirmation before looking for continuation opportunities. π Educational Purpose Only β This is not financial advice. Always manage risk and wait for confirmation before entering any trade.