NAS100 (Nasdaq): Heavy Rejection From Key Resistance Area
Micro E-mini Nasdaq-100 Index Futures CME_MINI_DL:MNQ1!
NAS100 (Nasdaq): Heavy Rejection From Key Resistance Area 📉
Nasdaq has faced a sharp rejection at the major Resistance Area (29,800 - 30,000) on the 2H chart, indicating potential downside momentum towards lower support levels.
Trade Plan:
• Entry: Market Price / Below 29,841
• Stop Loss: 30,180
• Take Profit 1: 28,358.50
• Take Profit 2: 27,192.50
Invalidation: 2H close above 30,000.
Note: Educational purposes only. Always use proper risk management.