Nasdaq 100 Breaks Short-Term Trendline but Faces Key Resistance Ahead

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The Nasdaq 100 (US100) has broken above its short-term descending trendline and is holding above the EMA50 and EMA100, signaling improving momentum. However, the index is approaching a key resistance zone at 24,800–25,200, where selling pressure has previously emerged. A confirmed breakout could open the door for further upside toward 25,800–26,000. On the downside, rejection at this level may lead to a pullback toward support around 24,500–24,600, or deeper toward 23,200–22,800.

On the daily timeframe, US100 (Nasdaq 100) has recently rebounded and broken above the short-term descending trendline, suggesting that selling pressure is gradually easing following the previous corrective phase. Currently, price is holding above both the EMA50 and EMA100, reflecting an improvement in short-term momentum and indicating that buying interest is gaining the upper hand.

The Nasdaq 100 is showing signs of short-term improvement after breaking its downward trendline and holding above key EMAs. However, the resistance ahead remains a critical hurdle, suggesting that further confirmation is needed before a sustained uptrend can be established.

However, this recovery is now approaching a key resistance zone around 24,800–25,200, which aligns with prior supply areas and has historically acted as a strong selling region. The inability to decisively break above this zone suggests that the medium-term downtrend has not yet been fully invalidated.

In the current scenario, if US100 continues to hold above the EMAs and successfully breaks above the resistance area around 24,800–25,000, the upside momentum could extend toward the 25,800–26,000 region. On the downside, if price is rejected at this level, the index may pull back to retest dynamic support formed by the EMA50 and EMA100 around 24,500–24,600, with a deeper move potentially targeting the 23,200–22,800 area.

08.04.2026

US100 (Nasdaq 100)

(Chart powered by TradingView. Charts are for educational and illustrative purposes only and may differ from live trading prices on our platform.)

Disclaimer: The chart reflects the analyst's opinion and does not constitute investment advice. Past performance is no guarantee of future returns. Seek independent advice before making decisions.

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Linh Tran

Market Analyst

Linh Tran is a member of the Market Analysis team at XS.com, holding a Master’s degree and with experience in the financial markets since 2018. She focuses on macroeconomic analysis, central bank policies, and multi-asset markets including forex, commodities, equities, and cryptocurrencies, delivering structured and data-driven market insights.

This written/visual material is comprised of personal opinions and ideas and may not reflect those of the Company. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. XS, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same. Our platform may not offer all the products or services mentioned.

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