NAS100: Bullish Continuation Play Amidst Strong Upward Momentum

Trend Confirmation and Key Support Rejection

My analysis of NAS100 reveals a clear bullish trend firmly in place. Over the last 24 hours, we've seen a gain of 92.89 points, translating to a robust 0.43% increase, pushing the current price to 21592.89. This upward momentum is compelling.
Looking at the intraday action, NAS100 has maintained a healthy range between 21453.56 and 21732.22, consistently holding above key support levels. My preferred entry for a swing long position is at 21548. This level is strategically positioned just above the 21500 support and aligns closely with the 21550 mark, which has demonstrated resilience. We are seeing a key level being tested and holding, indicating significant buying interest stepping in. Price action indicates that dips are being bought, reinforcing the established trend.

Swing Trade Setup &