NAS100 Experiences Clear Pullback Within Larger Bullish Continuation Structure

NAS100 Analysis – May 25

NAS100 is undergoing a clear pullback within a broader bullish continuation structure. The index has dipped below its 9-day Simple Moving Average, currently near $21,240, indicating short-term selling pressure. However, the RSI remains comfortably above 50 at 58.7, after recently reaching 64.5, suggesting that underlying bullish momentum remains intact and the retracement may merely represent a temporary pause before further gains.

NAS100 Key Levels

Resistance Levels: $21,400, $22,140, $23,000
Support Levels: $20,360, $18,320, $17,250

NAS100 Long-Term Trend: Bullish

Recent upward momentum stalled at the $21,400–$21,370 supply zone, an area marked by an existing imbalance. The ongoing correction is likely to move toward the critical support zone near $20,360. This level aligns with a bullish breaker block and a previous market structure shift, making it a highly significant confluence zone. If buyers step in to defend this area, it would reaffirm the market’s intention to continue its bullish trajectory.

Additionally, the recent rally left behind a fair value gap that is now being revisited, which enhances the likelihood of a rebound if buyers re-engage the market with conviction. Looking ahead, holding the $20,360 support level is essential for validating the bullish continuation outlook. If sustained, the next resistance levels to watch are $21,400, followed by $22,140 and eventually $23,000. On the other hand, a breakdown below $20,360 could lead to a deeper pullback toward $19,270, with potential further downside extending to $18,320. In this context, forex signals may offer timely insights into market entries and exits.

NAS100 Short-Term Trend: Bearish

NAS100 has fallen below its ascending trendline and the 9-period SMA, confirming a short-term bearish shift. A change of character has taken place around the $21,040 level, signaling a reversal in momentum.
With the RSI now below 40, bearish momentum is further supported. The immediate support zone is located near $20,360, and continued selling could push the index lower toward $18,320.

Make money without lifting your fingers: Start using a world-class auto trading solution 

How To Buy Lucky Block

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.