The Nasdaq 100 continues to extend its reversal after a clean H4 Fair Value Gap mitigation, with buyers reclaiming structure and breaking above the 24,931 breakout level. This marks the strongest bullish follow-through since the recent downswing.
💡 DMK Insight
The Nasdaq 100’s breakout above 24,931 is a significant bullish signal, indicating renewed buying interest after recent volatility. This move follows a Fair Value Gap mitigation on the H4 chart, suggesting that buyers are stepping in to reclaim control. Traders should note that this level could serve as a new support zone, with potential upside targets forming around previous resistance levels. If the index maintains momentum, it could attract more institutional buying, especially if we see a sustained close above this breakout point. However, keep an eye on broader market sentiment, as any negative news could quickly reverse gains. Watch for volume spikes as confirmation of this bullish trend, and consider setting alerts around 24,931 to gauge market reactions.
📮 Takeaway
Monitor the Nasdaq 100 closely; a sustained hold above 24,931 could signal further bullish momentum, while any drop below this level may indicate a reversal.





