US 100
Long

US100/Analysis

43
*๐Ÿ“Š US100 (NAS100) โ€“ 4H Analysis & Trade Signal*

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*๐Ÿ”Ž Chart Observation:*

- *Current Price:* 22,764
- *Structure:* Market rejected downside strongly with a *Bull Wick* (demand zone reaction).
- *RSI (14):* 60.38
- Momentum is rising again, just under overbought.
- *Bearish divergence* still visible, but price is defending structure.

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*๐Ÿ“Œ Key Levels:*

- *Support:* 22,715
- *Resistance:* 22,865 โ†’ 23,000
- *Strong Bullish Zone:* 22,720โ€“22,750

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*๐Ÿ“ˆ Trade Idea: BUY Setup*

- *Entry:* 22,760โ€“22,770
- *SL:* 22,690 (below wick)
- *TP1:* 22,865
- *TP2:* 23,000
- *TP3 (optional):* 23,150 if breakout occurs

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*๐Ÿง  Smart Money View:*

- Likely a *liquidity sweep* below wick zone.
- Demand zone got respected โ†’ smart money possibly reloading longs.
- If next candle closes bullish, more confirmation for continuation.

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