USNAS100 - Bullish Momentum and Potential Reversal LevelsTechnically:
The price experienced upward momentum on Friday and maintains its bullish trajectory, with stability observed above the critical level of 20,860.
Bearish Scenario:
A sustained break below 20,860 could trigger further declines, with potential targets at 20,730 and 20,600.
Bullish Scenario:
As long as the price remains above 20,860, the bullish outlook remains intact, paving the way toward 20,990. A breakout above this level may propel the price to an all-time high of 21,230. Notably, a retest of the 20,860 level from the current price is a plausible scenario.
Key Levels:
Pivot Point: 20860
Resistance Levels: 20990, 21080, 21230
Support Levels: 20730, 20660, 20550