Trading Idea: Potential Bullish Breakout in Nasdaq-100 (MNQM2025

Setup Details:

Entry: Around 19,893.50

Stop-Loss (SL): 19,736.4 (Below the support level)

Target (TP): 20,171.6

Risk-Reward Ratio: Favorable


Analysis:

The price is forming a potential bullish structure.

A breakout above the current level could push the price toward the target.

If the price falls below the SL, the setup will be invalidated.

Ideal confirmation would be a strong bullish candle above 19,900.


Conclusion: If support holds, this setup offers a good long opportunity. However, strict risk management is advised.