Nasdaq Cash

CHART BREAKDOWN NASDAQ: Key Levels, Targets and Thoughts!

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Brief Description🖊️:

The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk buy zone) spanning from 18,264 to 18,240. Additionally, a medium-risk sell zone between 18,784 to 18,764, respectively, is highlighted.

Things I Have Seen👀:


Important Demand Zone🟢: Identified between 18,264 to 18,240, serving as a low-risk buy.

Medium-Risk Sell Zone🟠: Noted between 18,784 to 18,764, suggesting another area with moderate risk for potential buying positions.


Bullish Targets📈:

18,350: Possible retracement area.
18,470: Possible retracement area.
18,720: Possible retracement area.
18,764: Significant supply zone.
Ultimate Target: 18,950- Liquidity area.


Bearish Targets📉:

18,730: Possible retracement area.
18,650: Possible retracement area.
18,500: Possible retracement area.
18,400: Possible retracement area.
18,264: Essential Demand Zone
Ultimate Target: 18,200- Laying Low Liquidity



What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.

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