NASDAQ - The Market Reached The Top! What's Next?

The market reached the top, what's next?
We have a strong resistance level at 7700.00 which could stop and reverse the market in the past.
The price action in this zone will show us further market movements.
As usual, we have two possible variants which can be interesting for us.

If the price breaks this resistance, the market will be able to move high and reach 8000.00 level which will be new resistance. This round number level is good as a target if we open long positions based on the breakout above 7700.00 level. But buying at the market top - it's not the best idea. It will be better to open long positions after a correction from the lower support levels and lines.

The market looks overbought. We should be ready to see a price reversal and a correction movement to the lower support zones at the levels or MAs. RSI is in the overbought zone and it will be able to give us solid signals confirming the price reversal. MACD is going to confirm a possible downward movement. For confirmation the further falling after the reversal, the price will have to break the local uptrend line. It will be possible to open short trades based on the reversal signals from 7700.00 level and based on the breakout below the uptrend line. It will be good to use the daily and hour timeframes for trading.