US Nas 100
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USNAS100/ 21,570 as the Key Pivot

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about USNAS100 analysis


The price is currently trading at a critical zone, centered around 21,570, which will determine the direction of the market. If the price breaks above this level and a 1-hour candle closes above it, it could signal the beginning of an uptrend. This move could lead the price toward the next resistance level at 21,900, followed by a potential retest of the previous high at 22,120. On the other hand, if the price fails to break above 21,570 and instead starts trading below it, a bearish trend may form. This would likely push the price down to 21,370, and a further drop toward 21,170 would become probable. A break below 21,170 would confirm the bearish trend and indicate a deeper decline. Monitoring the price action at 21,570 is essential, as it is the key zone that will shape the market's next movement.
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Market Update: Bullish Breakout Above 21,570

The price has broken above 21,570 and is moving toward 21,900, signaling a bullish trend. A correction may occur, likely retesting 21,570 as support, before continuing upward. If momentum sustains, the price could break 21,900 and head toward 22,115, marking the next resistance level.

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