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$NAS100 — BULLS ARE BACK IN CONTROL 🚀
NAS100 just snapped back hard after that brutal flush toward 28,660, and now price is pressing right under fresh intraday highs around 29,486. Momentum looks aggressive here — buyers didn’t just recover the dip, they erased it fast. MACD is curling bullish again and the structure now looks like a continuation setup instead of a dead-cat bounce. If bulls hold above the 29,300–29,250 support zone, the market could attempt another expansion leg higher. Immediate resistance sits around 29,500, and a clean breakout there could open the path toward 29,650 and potentially 29,800 next. For risk management, traders will likely watch 29,050 as the key stop-loss invalidation level because losing that area could drag price back into weakness fast. Right now the move feels momentum-driven, but the next candles around resistance decide whether this becomes a real breakout or just another liquidity sweep. 🎯
#GateSquareMayTradingShare