📉📈 NASDAQ 5th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 21,380

🎯 Immediate Price Zones

Below DCMP (Support):

🛡️ 21,302 (Intraday Buy Trigger)

🛡️ 20,622 (Swing Low Anchor)

Above DCMP (Resistance):

🎯 21,767 (Intraday Sell Zone)

🎯 21,944 (Critical Swing High)

🔍 Technical Overview

Swing Levels: Recent swing high at 21,944 | Swing low at 20,622 (4hr/Daily timeframe)

Fibonacci Grid: Price straddling 50% retracement (21,380) between 21,944-20,622

MACD: Neutral histogram, potential bearish momentum buildup

RSI: 52 (Neutral zone, no divergence detected)

💡 Trade Setups

1️⃣ Intraday Buy Opportunity

Entry: 🟢 21,302 (Confluence: Weekly Pivot + Fib 38.2%)

Stop Loss: 🔴 20,947 (Below Swing Low Structure)

Take Profit 1: 🟡 21,380 (DCMP Retest)

Take Profit 2: 🟢 21,676 (Daily Resistance 2)

2️⃣ Intraday Sell Opportunity

Entry: 🔴 21,767 (Weekly Resistance 1 + Fib 78.6%)

Stop Loss: 🟢 21,848 (Above Daily Resistance 3)

Take Profit 1: 🟡 21,398 (Daily Pivot)

Take Profit 2: 🟢 21,119 (Support 2)

📊 Strategic Insights

Bullish Scenario: Hold above 21,302 could trigger rally toward 21,944 (Swing High)

Bearish Threat: Failure at 21,767 resistance may retest 20,622 low

Key Watch: MACD crossover at 21,380 DCMP for directional bias confirmation

Price analysis combines Fibonacci retracement (20,622-21,944 swing) with volume-profile validation. Risk management crucial in current choppy market. 💡