top of page

🚀 NASDAQ 24th February 2025 Daily Analysis Based on Main Key Levels

  • Neom
  • Feb 24
  • 1 min read

Daily Current Market Price (DCMP):

  • 21,717


Key Levels Relative to DCMP:


  • Support (Below 21,717): 21,546, 21,389, 21,136

  • Resistance (Above 21,717): 21,799, 22,052, 22,209


📊 Technical Snapshot


Critical Swing Levels:


  • Swing High: 21,944 | Swing Low: 21,343


  • Fibonacci Retracement: Aligns with 21,343–21,944 range.


  • RSI: Neutral at 52 on 4H chart.

  • MACD: Bearish momentum fading near support zones.


ree

🚨 Trade Setups


1️⃣ Intraday Buy Opportunity


  • Entry Price: 🎯 21,546

  • Stop Loss: 🛑 21,389

  • Take Profit 1: ✅ 21,717

  • Take Profit 2: ✅ 21,799


Rationale: Strong support at 21,546 with bullish RSI divergence on lower timeframes.


2️⃣ Intraday Sell Opportunity


  • Entry Price: 🎯 21,799

  • Stop Loss: 🛑 22,052

  • Take Profit 1: ✅ 21,717

  • Take Profit 2: ✅ 21,549


Rationale: Resistance cluster at 21,799 aligns with bearish MACD crossover near key levels.


⚠️ Critical Risk Zones


  • Break Below 21,343: Accelerates decline toward 21,136.

  • Break Above 21,944: Opens path to retest 22,209 resistance.


Pro Tip: Monitor price reactions at 21,717 DCMP for intraday bias shifts. Tight stops recommended in NASDAQ’s volatile sessions! 🔥

Comments


bottom of page