The Nasdaq Composite closed at 23,461.82 (-223.30) and is sitting in a technically neutral zone — but at a critical level.

Price has broken the lower boundary of its rising medium-term channel, suggesting momentum is slowing and the trend could flatten.

Right now, the index is testing resistance near 23,800:

• Failure here could spark a pullback.

• A clean breakout above 23,800 would flip the picture bullish.

Adding to the caution, RSI is trending lower, which often precedes further downside if it continues.

BTC
BTCUSDT
70,301.8
+1.38%

In short: Nasdaq isn’t bearish yet — but it’s at a make-or-break level.

SOL
SOLUSDT
86.24
-1.77%
SOL
SOL
86.34
-1.77%

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