Looking at this NAS100 (NASDAQ 100) 1-hour chart,

Current Price: 24,793.05 (+0.49%)
Technical Picture:
The chart shows a notable recovery after a sharp selloff from ~25,060 down to the 24,315 low. Price is now pushing back up through the moving averages, which is a constructive sign.
Moving Averages:
MA5 (24,711) > MA10 (24,635) > MA30 (24,608) — short-term MAs are stacking bullishly, and price is above all three, suggesting momentum is shifting upward.
MACD:
MACD line (26.54) has crossed above the DEA/signal line (-14.02), with the DIF (12.52) turning positive. This is a bullish crossover signal, though the histogram bars are still relatively small, indicating the momentum is early-stage.
Key Levels to Watch:
Resistance: ~24,860 (today's high), then ~25,060 (recent swing high)
Support: ~24,465 (today's low), then ~24,315 (recent swing low)

The structure looks like a potential recovery bounce — price bounced hard off the 24,315 low, broke back above the MA cluster, and MACD is crossing bullishly. However, it still needs to clear today's high (~24,860) convincingly to suggest the downtrend from 25,060 has reversed.
This is chart observation only, not financial advice. Always manage your risk carefully.$NAS1003L ‌