[NAS100] Range Breakout Retest – Is Upside Continuation in Play?

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The NAS100 (US100) on the 4H chart is exhibiting a bullish structure following a recent breakout and retest of the 21,000.0 key resistance level, now acting as support. After forming a local high near 21,777.3, price retraced and is now attempting a second push higher, suggesting buyer strength.

Currently trading at 21,450.0, with
Support at: 21,000.0 🔽
Resistance at: 21,777.3 🔼 and 22,230.7 🔼

🔎 Bias:
🔼 Bullish: If price holds above 21,000.0 and breaks cleanly above 21,777.3, next upside target is 22,230.7.
🔽 Bearish: A drop back below 21,000.0 could open the door for a deeper retracement toward 20,200.0.

📛 Disclaimer: This is not financial advice. Trade at your own risk.

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