USNAS100: Breakout Confirmed with Correction & Bullish Potential

USNAS100 Technical Analysis

The price has broken out of the channel and stabilized above it. A correction is expected to 21,380 before pushing upward toward 21,630. If a 4-hour candle closes above 21,630, the bullish trend is likely to extend toward 21,760.

For a bearish outlook, the price must break below 21,380 with a 4-hour candle close, targeting the 21,215 level and below.

Key Levels
Pivot Point: 21385
Resistance Levels: 21520, 21630, 21760
Support Levels: 21215, 21090, 20980

Trend Outlook
Bullish: While above 21,385
Bearish: If 21,385 is broken