📈 NASDAQ 27th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 21,255 🎯

Key Levels Relative to DCMP

Support (Below DCMP):

▶️ Immediate Support: 21,136 🟢 (Intraday Buy)

▶️ Strong Support: 20,926 🛑

▶️ Critical Support: 20,840

Resistance (Above DCMP):

▶️ Immediate Resistance: 21,389 🔴 (Intraday Sell)

▶️ Strong Resistance: 21,528 🚩

▶️ Critical Resistance: 22,462

Technical Analysis Snapshot 🔍

• Fibonacci Levels: Price hovers near the 38.2% Fib retracement (21,136–21,389), defining a decisive trading range.

• RSI Divergence: Neutral RSI (14) at 54 signals equilibrium between buyers and sellers.

• MACD Crossover: Bearish histogram expansion on 4H charts aligns with resistance rejection.

Intraday Trade Setups 💡

Trade Idea 1: Intraday Buy

• Entry Price: 21,136 🟢

• Stop Loss: 20,926 🔴

• Take Profit 1: 21,316 🟡

• Take Profit 2: 21,528 🟡

Rationale: Fib 38.2% support aligns with bullish hammer patterns on lower timeframes. Rising volume at 21,136 confirms accumulation.

Trade Idea 2: Intraday Sell

• Entry Price: 21,389 🔴

• Stop Loss: 21,528 🟢

• Take Profit 1: 21,136 🟡

• Take Profit 2: 20,926 🟡

Rationale: Resistance cluster near Fib 61.8% extension. Bearish engulfing candles and MACD line crossover validate downside potential.

Critical Notes ⚠️

• Swing High/Low: Daily Swing High at 22,239, Swing Low at 20,926.

• Risk Management: Tight stops recommended due to index volatility.

• Confirmation: Wait for closing breaks beyond 21,136/21,389 for trend validation.

Pro Tip: Pair volume spikes with Fibonacci retracements to identify high-probability reversal zones! 📉🚀