The Nasdaq 100 (US100) on H4 timeframe shows a strong bullish breakout following a consolidation phase. The recent candle's high at 29528.75 pierces key resistance, with higher volume confirming the move's validity. The price action reflects a clear trend reversal, as the close above the prior high suggests renewed momentum. The consolidation pattern prior to this breakout was characterized by a narrowing range, indicating potential for a breakout. The current setup aligns with a bullish continuation scenario, with the price now poised to test higher levels. The recent pullback into the 29427.5-29528.75 range has acted as a base, and the…

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