USNAS100 | Bearish Pressure Builds Below Key Resistance

The Nasdaq remains sensitive to this week's major economic events and corporate earnings. While AI-related stocks continue to attract attention, market direction will largely depend on upcoming U.S. data and overall risk sentiment.

Technically

The bearish structure remains valid as long as the price trades below 28610, with 28420 acting as the key support level.

A 1H or 4H candle close below 28420 would confirm bearish continuation toward 28090, followed by 27900. A break below 27900 would expose the next downside target at 27540.

However, a 4H candle close above 28610 would invalidate the bearish outlook and support a bullish continuation toward 28860 and 29210.

Support: 28410 - 28090 – 27900 – 27540
Resistance: 28610 – 28860 – 29210