USNAS100 New All-Time High with Strong Bullish Momentum

19 Haz

Technical Analysis: New All-Time High with Strong Bullish Momentum

The price has recorded a new all-time high, indicating strong bullish momentum.

• Today's Outlook:
  The indices market is expected More bullish due to the high market cap volume.
  
  
• Bullish Scenario:
  As long as the price trades above 19885 means will continue the bullish trend to get 20250 with correction till 19885
  
  
• Bearish Scenario:
  If the price breaks below 19,880 and closes a 4-hour candle under this level, it may enter a downtrend, targeting the demand zone between 19,625 and 19,525.
  
  
• Key Levels:
  - Pivot Line: 19,885
  - Resistance Levels: 20,050, 20,150, 20,250
  - Support Levels: 19885, 19525, 19230
  
  
• Today's Expected Range:
  The price is expected to fluctuate between the support at 19,525 and the resistance at 20,250.