NASDAQ 100 Rebounding Within Ascending Channel
The NAS100 is trading within an ascending channel and has recently rebounded from the lower boundary of the channel. The current structure suggests a potential move toward the $21,679.7 level, which aligns with a key resistance area near the midline of the channel.
If the price maintains momentum, this setup aligns with the idea of a trend continuation within the channel.
If the price maintains momentum, this setup aligns with the idea of a trend continuation within the channel.
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