The Nasdaq 100 index (US100) on M15 timeframe shows a bullish breakout potential following a consolidation phase. The entry at 29417.05 coincides with a critical low that acted as a support level, breached by a strong close above the prior range. Volume spikes in the breakout candle (3468) and subsequent bullish momentum confirm the validity of the setup. Price action since the entry has formed higher highs and lows, indicating a sustained uptrend. The recent bullish engulfing pattern on the 29417.05 candle, with increased volume, suggests strong buying pressure. Key resistance near 29682.81 is currently intact, but the recent rally…

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