💹🚀NASDAQ 4th March 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP):

20,456

Market Context:

Trading above critical support at 20,173

Facing immediate resistance at 20,488

🎯 Critical Technical Levels

Resistance (Sell Zones):

🔥 20,488 (Fib-Confluence Barrier) | 🔥 21,508 (Upper Boundary)

Support (Buy Zones):

🛡️ 20,173 (Demand Cluster) | 🛡️ 19,663 (Strategic Floor)

Swing Levels:

Recent Swing High: 22,239

Recent Swing Low: 20,926

🔍 Technical Drivers

Price-Fibonacci Alignment:

38.2% Retracement converges with 20,173 support

61.8% Extension aligns with 20,488 resistance

Momentum Indicators:

RSI: 58 (neutral with bullish momentum)

MACD: Bullish histogram expansion on 4H chart

💡 Intraday Trade Opportunities

1️⃣ Intraday Buy Setup: Support Bounce Play

🎯 Entry: 20,173 (Fib 38.2% + Order Block)

🚫 Stop Loss: 19,814 (Below Swing Low)

✅ TP1: 20,456 (DCMP Liquidity Zone)

✅ TP2: 20,926 (Swing High Retest)

2️⃣ Intraday Sell Setup: Resistance Rejection

🎯 Entry: 20,488 (Confluence: Fib 61.8% + Supply Zone)

🚫 Stop Loss: 21,097 (Above Swing High)

✅ TP1: 20,173 (Key Support)

✅ TP2: 19,663 (Downside Target)

📊 Market Sentiment Insight

Price consolidates between 20,173-20,488. Sustained break above 20,488 may target 21,508, while failure to hold 20,173 risks test of 19,663.

⚠️ Risk Management Protocol

Event Watch: Fed Chair speech (March 5)

Position Sizing: Max 1.5% risk per trade

Confirmation Signal: 4H candle close beyond entry levels

Strategic Rationale:

20,173 aligns with Fib 38.2% retracement and historical liquidity

20,488 coincides with multiple technical resistances

Bullish MACD crossover supports upside potential

🔍 Catalyst Alert: Big Tech earnings reports (March 6-8).