📊 NASDAQ 12th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 21,688

Price trades below immediate resistance, with swing boundaries defining intraday bias. Critical zones above/below DCMP guide directional trades.

🔑 Key Technical Levels

🛑 Resistance (Sell Zones)

Immediate Resistance: 21,780

Strong Resistance: 21,944–22,022

🟢 Support (Buy Zones)

Immediate Support: 21,389

Strong Support: 20,755–20,085

📉 Swing Levels

Swing High: 21,944

Swing Low: 20,622

📊 Technical Snapshot

RSI: 63.7 (approaching overbought zone).

MACD: Bearish divergence on 4H chart near resistance.

Fibonacci: 21,389 aligns with 38.2% retracement; 21,780 marks 61.8% extension.

💡 Intraday Trade Setups

1️⃣ Intraday Buy Trade

Entry: 🎯 21,389

Stop Loss: 🚫 20,755

Take Profit 1: ✅ 21,688

Take Profit 2: ✅ 21,780

Rationale: Strong support at 38.2% Fibonacci retracement + bullish RSI reversal.

2️⃣ Intraday Sell Trade

Entry: 🎯 21,780

Stop Loss: 🚫 21,944

Take Profit 1: ✅ 21,389

Take Profit 2: ✅ 20,755

Rationale: Resistance confluence at 61.8% Fibonacci extension + bearish MACD crossover.

🔍 Critical Observations

Break above 21,780 could target 21,944 (R2).

Sustained trading below 21,389 risks decline toward 20,755 (S1).

Monitor Fed policy cues and tech earnings for volatility triggers.

⚠️ Risk Note: Tight stops recommended amid geopolitical tensions and sector rotation risks.