The Nasdaq 100 index on M15 timeframe shows a bullish setup following a consolidation phase. Recent price action reveals a strong close near the high of the 29363.15 candle, with elevated volume (7376) confirming buying interest. The prior low at 29221.75 acts as a key support level, currently holding as price rallies above it. The close at 29363.15 breaks out of a narrow range, suggesting a potential continuation of the uptrend. Momentum indicators indicate positive divergence, with higher closes and increasing volume validating the bullish bias. Resistance appears at the previous high of 29431.75, which price has yet to test…

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