USNAS100 Range Bound Price action price likely to continue

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The US NASDAQ 100 (USNAS100) is currently exhibiting range-bound price action, with consolidation likely to continue until a clear breakout occurs.

Technical View:
On Wednesday, the index edged slightly higher as investors weighed the measured comments from Federal Reserve Chair Jerome Powell and looked ahead to key U.S. economic data due later this week.

A confirmed breakout above the current consolidation zone could open the path for further upside, with potential resistance seen near the 24,900 level.

You may find more details in the chart.
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