Nasdaq Consolidation and Breakout Levels

NASDAQ

The price is expected to consolidate within the 20,280 and 20,200 range until a breakout occurs. For a bearish scenario, a minimum 1-hour candle close below 20,200 is required to target levels at 20,100 and 19,990. On the bullish side, the price must break through 20,280 and 20,340—the pivot zone—to reach 20,450 and potentially higher levels.

Key Levels:
Pivot Point: 20200
Resistance Levels: 20280, 20440, 20710
Support Levels: 20100, 19990, 19860

Trend:
- Bearish below 20200
- Bullish above 20320