📈 NASDAQ 21st March 2025 Daily Analysis Based on Main Key Levels

📌 Daily Current Market Price (DCMP): 19,606

NASDAQ trades below immediate resistance at 20,014 and above support at 19,262.

🔍 Key Market Structure

▶ Resistance Zones

Near-Term Barrier: 20,014 🟡

Strong Resistance: 20,642 🔴

▶ Support Zones

Immediate Floor: 19,262 🟢

Critical Base: 19,238 🔴

▶ Swing Levels (Daily/4H)

Swing High: 22,239 🔼

Swing Low: 19,109 🔽

📊 Technical Drivers

RSI: Neutral at 53, no divergence observed.

MACD: Bearish crossover weakening near the signal line.

Fib Levels: 61.8% retracement at 19,554; 127% extension at 19,923.

🎯 Intraday Trade Opportunities

1️⃣ Intraday Buy Setup

Entry: 19,262 🟢

Stop Loss: 19,109 🔴

Take Profit 1: 19,554 🟡

Take Profit 2: 19,923 🟢

Rationale: Fib 61.8% support (19,262) aligns with historical accumulation zones. MACD hints at bullish reversal signals near this level.

2️⃣ Intraday Sell Setup

Entry: 20,014 🔴

Stop Loss: 20,642 🟡

Take Profit 1: 19,467 🟢

Take Profit 2: 19,238 🔴

Rationale: Fib 127% extension (20,014) converges with multi-session resistance. RSI shows overbought signals near this zone.

⚠️ Risk Management Protocol

Activate trailing stops if price closes above 20,642 or below 19,238.

Close 50% of positions at TP1 to lock profits.

🔮 Strategic Insight

NASDAQ consolidates between 19,262-20,014. Prioritize:

Buying dips toward 19,262 with bullish candlestick confirmation (e.g., bullish engulfing patterns)

Selling rallies near 20,014 with volume-backed rejection signals