📈 NASDAQ 26th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 21,201

• Swing High: 22,239 | Swing Low: 21,343

🔑 Key Levels

Support Below DCMP:

• S1: 21,136 📍 | S2: 20,863

Resistance Above DCMP:

• R1: 21,389 📍 | R2: 21,431

📉 Technical Snapshot

• RSI: 52 (Neutral) | MACD: Bearish crossover near zero line.

• Fib Level: S1 (21,136) aligns with 61.8% retracement of recent swing.

💼 Trade Setups

🟢 Intraday Buy Setup

• Entry: 21,136 📍 (Fib Support + Swing Low Cluster)

• Stop Loss: 20,863 🚫

• Take Profit 1: 21,389 ✅ | Take Profit 2: 21,431 🎯

Confirmation:

Bullish reversal candle at S1 with rising volume.

🔴 Intraday Sell Setup

• Entry: 21,389 📍 (Resistance Zone + Institutional Sell Zone)

• Stop Loss: 21,431 🚫

• Take Profit 1: 21,136 ✅ | Take Profit 2: 20,863 🎯

Confirmation:

Bearish divergence on RSI (4H) with overbought signals.

🎯 Conclusion

Trade range-bound strategies between 21,136 (S1) and 21,389 (R1). Monitor Fed policy cues and tech earnings.

✨ Pro Tip: Use Fib extension (161.8% at 22,052) for aggressive upside targets!

📌 Key Takeaways:

Strong support at 21,136 (Fib + swing low convergence).

Resistance at 21,389 aligns with descending channel boundary.

MACD histogram weakens, signaling fading bullish momentum.