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NASDAQ 100: Breakout Confirmed — Targeting 23,023

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Market Overview:
The NASDAQ 100 is showing strong bullish momentum within its ascending channel. After forming an ABCD pattern and breaking above the buy level at 22,745, the price accelerated upward and is approaching the target resistance zone at 23,023.

Technical Signals & Formations:
— ABCD pattern in play
— EMA supports bullish momentum
— Breakout above buy zone at 22,745
— Target is the upper channel boundary and resistance at 23,023

Key Levels:
Support: 22,681, 22,620
Resistance/Target: 23,023

Scenario:
Primary: If the price holds above 22,745, the bullish continuation toward 23,023 remains the main scenario.
Alternative: A drop below 22,681 may lead to a correction toward 22,620 and increase bearish pressure.

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