Nasdaq Futures Test Key Resistance at 29325 After Rebound

NQ futures show mild bullish bias above 29250 but require acceptance over 29325 to confirm upside momentum. Nasdaq futures are testing critical resistance near 29300-29325 after rebounding from a sharp drop. The 30-minute chart shows a repair in progress, though overhead s

NQ futures show mild bullish bias above 29250 but require acceptance over 29325 to confirm upside momentum.

Nasdaq futures are testing critical resistance near 29300-29325 after rebounding from a sharp drop. The 30-minute chart shows a repair in progress, though overhead supply remains near prior highs and VWAP levels on the 4-hour chart.

Above 29250, the bias leans mildly bullish, but sustained acceptance over 29325 is needed to clear round-number liquidity. Below 29150, the repair weakens, improving the bearish case. Bullish targets include 29375, 29425, and 29525 if momentum expands.

Failure to hold above 29250 after testing 29300-29325 could signal a failed upper-range repair.

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