NAS100 Rejection at Trendline Resistance: Pullback Expected

The NAS100 (4H chart) shows a rejection near the upward sloping trendline resistance and the marked stop-loss zone around 22,335.4. After a strong bullish rally, price failed to break above the resistance and is now showing signs of a pullback. A correction toward the previous breakout zone and target level of 22,012.1 is anticipated. This move aligns with typical price behavior following a resistance rejection, offering a potential short opportunity with tight risk control.