US100 (NASDAQ) – 4H Analysis
US100 remains under strong bearish pressure, trading below the 50 EMA and respecting the descending channel. Sellers continue to defend the 28,700–28,900 resistance zone, keeping downside momentum intact.
🔴 Resistance: 28,700 – 28,900
🟢 Support: 27,700 – 27,500
A move above 28,900 could trigger a recovery toward 29,200, while a break below 27,700 may extend losses toward 27,500. Overall bias remains bearish until price breaks above the descending channel.
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