NASDAQ – Decision Point is Now: Breakout or Breakdown?

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📈🔍 NASDAQ at Key Inflection – Momentum or Meltdown? ⚠️💥

Hey Traders,

The NASDAQ 100 is now standing right at the make-or-break zone: 22,655. This level marks a critical retest of the recent breakout, and what happens here could define the next major move.

🔵 The Setup:
After a strong bounce and sharp rally from below 18K, we've climbed back into the tight ascending structure. But momentum is slowing…
This zone could produce either a bullish continuation to new highs — or a brutal rejection that unwinds the entire move.

📍 Structure Speaks:

Holding above 22,655 = likely continuation

Breakdown = deeper pullback toward 20,000 and lower channel support

Momentum names like NVIDIA are doing the heavy lifting again — but can they sustain the market alone?

📊 What I'm Watching:

Bullish path = measured target ~25,000+

Bearish path = test of the broader trendline near 20,000 or even the 18,200 region

Macro signals still mixed — stay nimble, not married to one bias

⚠️ Stay Sharp:
Just like in crypto, the Nasdaq can punish both bulls and bears when it enters chop mode. Structure and discipline remain your best defense.

I’ve updated the chart — fresh out the oven 🍞 — and more market ideas are following, including BTC, ETH, and BTC Dominance.

One Love,
The FXPROFESSOR 💙

Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈

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