CHART BREAKDOWN NASDAQ: Key Levels, Targets and Thoughts!🎯
Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing an essential supply zone (medium-risk sell zone) spanning from 18265 to 18290, respectively, are highlighted.
Things I Have Seen👀:
Medium-Risk Sell Zone🟠: Noted between 18265 and 18290, suggesting another area with moderate risk for potential selling positions.
Bearish Targets📉:
18200: Possible retracement area.
18000: Area with laying low liquidity.
17900: Possible retracement area.
Ultimate Target: 17750- Area with 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.
The chart provides insights into critical market levels, emphasizing an essential supply zone (medium-risk sell zone) spanning from 18265 to 18290, respectively, are highlighted.
Things I Have Seen👀:
Medium-Risk Sell Zone🟠: Noted between 18265 and 18290, suggesting another area with moderate risk for potential selling positions.
Bearish Targets📉:
18200: Possible retracement area.
18000: Area with laying low liquidity.
17900: Possible retracement area.
Ultimate Target: 17750- Area with 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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