Nasdaq Holds Support at 20,080 with Bullish Potential

Nasdaq Technical Analysis:

The price has reached our previous target of 20,350 and reversed back to its support of 20080.

Currently, the price needs to break below 20,080 to target 19,900, with a potential further decline to 19,690.
On the other hand, if the price stabilizes above 20,080, it could aim for 20,350 and 20,540.

Key Levels:

Pivot Point: 20080
Resistance Levels: 20190, 20350, 20540
Support Levels: 19900, 19690, 19540

Expected Trading Range for Today: 20350 to 19900

Trend:
Bullish: While above 20080
Bearish: If 20080 is broken

previous idea: