US100 Index Technical Analysis–Potential Breakout Towards 20,300

This 1-hour chart of the US 100 Index shows an ascending trendline supporting price action. The price is approaching a key resistance zone around 20,178, with a breakout potentially leading to a target of 20,300. Indicators such as moving averages and the Supertrend suggest an uptrend, while the RSI is recovering from a consolidation zone, indicating potential bullish momentum. A pullback to the trendline before a breakout remains a possibility.