The Nasdaq 100 index (US100) on M15 timeframe shows a bullish reversal setup. Recent price action has been consolidating between 29450 and 29550, with the latest close at 29454.3 forming a key support level. The candle's high at 29584.25 and subsequent pullback suggest a potential breakout, confirmed by moderate volume (6870) during the rally. The prior low at 29391.65 and subsequent recovery indicate strong buying pressure near the 29450 area, aligning with the entry signal. The upward momentum is supported by higher highs and lows, with the current close near the upper end of the consolidation range. A breakout above…

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