📈NASDAQ 19th February 2025 Daily Analysis Based on Main Key Levels

NASDAQ Technical Snapshot

Current Market Price (DCMP): 22,189

Key Support Levels: 22,052 | 22,001 | 21,919

Key Resistance Levels: 22,217 | 22,268 | 22,351

🔍 Critical Technicals

Swing High: 21,944 🚩

Swing Low: 20,622 🚩

RSI: Neutral (54.2), no divergence detected.

MACD: Flat momentum, awaiting crossover signal.

💡 Intraday Trade Setups

🟢 Intraday Buy Trade

Entry: 22,161 🎯

Stop Loss: 21,919 🛑

Take Profit 1: 22,217 ✅

Take Profit 2: 22,268 ✅

Rationale: Strong support confluence at 22,161 (Fib 38.2% retracement + daily pivot), ideal for bullish reversions.

🔴 Intraday Sell Trade

Entry: 22,347 🎯

Stop Loss: 22,351 🛑

Take Profit 1: 22,268 ✅

Take Profit 2: 22,217 ✅

Rationale: Resistance cluster at 22,347 aligns with Fib 61.8% extension, signaling bearish rejection potential.

⚠️ Critical Price Zones

Break Above 22,351: Risk of bullish momentum toward 22,500.

Break Below 21,919: Potential decline to 21,660–21,375 support band.

Pro Tip: Trade with 1:2 risk-reward ratios. Confirm entries with RSI/MACD momentum alignment! 🚀

📌 Why This Strategy Works

Fibonacci Precision: Entries align with Fib retracement/extension levels.

Liquidity Targeting: TPs set near high-volume zones for optimal exits.

Risk-Adjusted: Tight stop-losses minimize downside exposure.