USNAS100 / Key Pivot Zone and Potential Breakout Scenarios

29 Jul

Technical Analysis: USNAS100

Current Outlook:
The price is expected to stabilize below 19,100 USD to reach 18,930. A 4-hour candle closing under 18,930 would confirm a downtrend. Overall, consolidation is anticipated between 19,220 and 18,930 until a breakout occurs.

Bullish Scenario:
- If a 4-hour candle closes above 19215, the price could rise to:

• 19,500
  
• 19,625
  
  Bearish Scenario:
  Stability below 19,100 may drive the price down to 18,930.
  - A 4-hour candle closing below 18,930 would likely lead to a further decline to:
  
• 18,640 & 18,435
  
  
  Key Levels:
  - Pivot Zone: 19,100 - 19,215
  - Resistance Levels: 19525, 19625
  - Support Levels: 18930, 18640, 18435
  
  Today's Expected Range:
  The price is anticipated to fluctuate between the support at 18,640 USD and the resistance at 19,525.
  
  Summary:
  Monitor the price action closely at the pivot zone (19,100 - 19,215 USD). A decisive move above or below this zone will likely dictate the next significant trend direction.