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📊 NASDAQ 10th February 2025 Daily Analysis Based on Main Key Levels

  • Neom
  • Feb 10
  • 1 min read

 Daily Current Market Price (DCMP): 21,610


🎯 Critical Price Zones


Support Below DCMP:


✅ 21,436 | 21,338 | 21,183 (Demand Cluster)


Resistance Above DCMP:


⛔️ 21,751 | 21,848 | 22,005 (Supply Zone)


📊 Technical Snapshot


Key Reference Levels:


Immediate Floor: 21,389 🎯

Ceiling Threshold: 21,780 🎯


Fibonacci Framework:


50% Retracement: 20,363

161.8% Extension: 22,022


Momentum Indicators:


RSI: 61.8 (Bullish momentum accelerating)

MACD: Golden crossover confirmed on 4H chart



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💡 Trade Opportunities


🟢 Intraday Buy Setup


Entry: 21,389 🎯

Stop Loss: 20,755 🔴

Take Profit 1: 21,751 💰 (1:2.8 R/R)

Take Profit 2: 21,848 💰💰


Catalyst: Bullish hammer pattern + Tech sector ETF inflows


🔴 Intraday Sell Setup


Entry: 21,780 🎯

Stop Loss: 22,005 🔴

Take Profit 1: 21,436 💰

Take Profit 2: 21,183 💰💰


Trigger: Bearish divergence at resistance + Fed rate hike fears


📉 Swing Reference Levels


Swing High: 21,944 (Key Breakout Level)

Swing Low: 20,622 (Major Support)


💬 Market Pulse


NASDAQ consolidates near 21,610 amid mixed tech earnings. Bulls require sustained move above 21,780 to target 22,005, while bears eye 21,389 support. Monitor Nvidia earnings and Treasury yield movements.


⚠️ Alert: Maintain 1:3 risk-reward ratio ahead of FOMC minutes. Price action likely volatile with critical resistance at 21,780.


Key Drivers to Watch:


Big Tech earnings reports

US 10-year yield movements

AI sector developments

Fed policy guidance

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