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US100 remains in a downtrend on the daily chart after failing at the 26,100–26,200 resistance zone and forming a pattern of lower highs and lower lows. Although the price has rebounded from the 22,700–22,800 support area, the momentum is still not strong enough to break the descending channel. Currently, the 23,900–24,000 zone serves as a key resistance; a breakout could extend the recovery toward 24,500–24,600. Conversely, rejection at this level may push the price back to retest the previous support zone.
On the daily timeframe, after failing at the resistance zone around 26,100–26,200, US100 has formed a clear bearish structure with lower highs and lower lows. Although the price has recently recorded a notable rebound from the 22,700–22,800 support area, the upward momentum remains insufficient to challenge the current descending channel, indicating that selling pressure still dominates in the medium term.
US100 continues to maintain a bearish structure on the daily timeframe, with the 24,000 level now acting as a critical threshold in determining whether the current rebound can extend or remains merely a technical correction within the broader downtrend.
Notably, after breaking below the 25,000 level, a bearish crossover between the EMA50 and EMA100 has emerged, further reinforcing the downtrend and reflecting weakening bullish momentum.
At present, the price is approaching the resistance zone around 23,900–24,000 following the rebound from the 22,700–22,800 support area. If US100 manages to break above and sustain movement beyond this level, it could pave the way for a breakout of the descending trendline and extend the recovery toward higher levels, with the nearest target being the dynamic resistance formed by the EMA50 and EMA100 around 24,500–24,600.
On the other hand, if the price fails to break above and continues to face rejection below the 24,000 level, selling pressure is likely to re-emerge, potentially driving the price back to retest the 22,700–22,800 support zone, or even lower if bearish momentum strengthens.
01.04.2026
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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