The Nasdaq 100 index on M15 timeframe shows a bullish reversal setup. Recent candles indicate a consolidation phase between 29400 and 29700, with the last three closing near the upper end of this range. A key bullish pattern emerges as price tests resistance at 29696.72, which aligns with the high of the prior candle, followed by a strong close above the 29600 level. Volume spikes during the breakout phase, confirming institutional buying pressure. The current structure reflects a potential trend continuation after a corrective dip, with the close above the 29600 level signaling strong bullish momentum. Support at 29406.68 acts…

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