NAS100 – Ascending Triangle Breakout Setup | Bullish Continuati

NAS100 is currently forming an ascending triangle pattern after a steady series of higher lows against a strong horizontal resistance. This pattern reflects bullish accumulation, signaling that buyers are preparing for a breakout continuation move.

Recently, the market showed strong rejection from the trendline support, suggesting that institutional buyers are active around this zone. A clean bullish breakout and candle close above the resistance line will confirm the next impulsive leg toward higher targets.

The overall market structure remains bullish, with price action respecting the ascending channel and maintaining momentum above the key demand zone. Volume is gradually increasing, supporting the likelihood of a bullish continuation.

💡 If NAS100 successfully breaks above resistance and holds above it after a retest, a strong move toward the next key levels can be expected.

🎯 Technical Target Levels:
First Target: 25,780

As long as price holds above the ascending structure and EMA support zone, the bullish bias remains valid.

⚠ Note: A strong bearish rejection from the upper boundary or breakdown below the ascending trendline would invalidate this setup.

🚨 This is not financial advice. Always use proper risk management and stay disciplined with your trading plan.

💬 Like, comment & follow for more Smart Money and Price Action-based trade ideas. 🚀