📊 NASDAQ 17th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 22,159

🔑 Immediate Support & Resistance

Below DCMP (Support):

Support 1: 21,861 🟢 | Support 2: 21,952 | Support 3: 20,622

Above DCMP (Resistance):

Resistance 1: 22,161 🔴 | Resistance 2: 22,174 | Resistance 3: 22,648

Swing Levels (Daily/4H):

Swing High: 21,944 | Swing Low: 20,622

📉 Technical Snapshot

Key Zones: Critical support at 21,861 and resistance at 22,161.

Fibonacci Levels: Retracement aligns with Support 3 (20,622) and Resistance 3 (22,648).

RSI: Neutral momentum, no divergence observed.

MACD: Bullish crossover above the baseline.

💡 Intraday Trade Opportunities

1️⃣ Intraday Buy Setup

Entry: 21,861 🟢 (Strong Support Zone)

Stop Loss: 20,622 🔴 (Below Swing Low)

Take Profit 1: 22,063 🟡 (Near DCMP)

Take Profit 2: 22,132 🟡 (Resistance 1)

2️⃣ Intraday Sell Setup

Entry: 22,161 🔴 (Key Resistance Zone)

Stop Loss: 21,944 🔴 (Above Swing High)

Take Profit 1: 21,994 🟡 (Support 1)

Take Profit 2: 21,883 🟡 (Support 3)

🎯 Final Insight

NASDAQ consolidates near 22,159. A break above 22,161 could target 22,174, while a dip below 21,861 may test 21,952. Trade with strict risk management and tiered profit-taking.

Risk Note: Validate setups with live price action. Adjust dynamically to volatility. 🚨