USNAS100| BEARISH CONSOLIDATION AND POTENTIAL BREAKOUTUS Nas 100OANDA:NAS100USDArinaKarayiHELLO TRADERS Last week has concluded. The US NAS100 index experienced a sharp decline and stabilised below the previous support zone, currently trading within this zone and around the 21570 level. There is also the possibility of prolonged consolidation in this area. Market conditions are expected to remain bearish as long as prices remain below the last resistance zone. Furthermore, the bearish trend will be confirmed if the price falls below the strong support at 21570, as evidenced by a closing 4-hour candle and a break of the channel. Conversely, if there is a strong upward push that allows the index to surpass the last resistance zone, it could reach an all-time high (ATH) and potentially set a new record. If this analysis makes sense to you, let me know in the comments! Also, feel free to share your perspective on the market.