The Nasdaq 100 index on M15 timeframe shows a strong bullish setup. Recent price action has formed a clear ascending channel with key support at 29406.68, where multiple bounces have occurred. The latest candle closed near the upper end of the channel at 29694.45, indicating strong buying pressure. Volume has been consistently elevated, confirming the strength of the upward trend. The current close near the prior high suggests momentum is building, with the potential to test higher resistance levels. The bullish pattern is reinforced by the convergence of price and volume, signaling a probable continuation of the uptrend. A breakout…

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