CHART BREAKDOWN NASDAQ: Key Levels, Targets and Thoughts!

Brief Description🖊️:

The chart provides insights into critical market levels, emphasizing 1 essential supply zone: low-risk sell spanning from 20,893.00 to 20,909.00, respectively, is highlighted.

Things I Have Seen👀:


Important Demand Zone🟢: Identified between 20,893.00 and 20,909.00 serving as a low-risk sell.


Bearish Targets📉:
20,860.00: Possible retracement area.
20,840.00: Possible retracement area.
20,820.00: Possible retracement area.
20,800.00: Possible retracement area.
20,765.00: Significant supply zone.
20,628.50 : Liquidity area.


What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.