CHART BREAKDOWN NASDAQ: Key Levels, Targets and Thoughts!🎯

Brief Description🖊️:

The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk buy zone) spanning from 18330 to 18315. Additionally, medium-risk sell zone between 18870-18920, respectively, are highlighted.

Things I Have Seen👀:


Important Demand Zone🟢: Identified between 18330 and 18315, serving as a low-risk buy.

Medium-Risk Sell Zone🟠: Noted between 18870 and 18920, suggesting another area with moderate risk for potential selling positions.


Bearish Targets📉:

18850: Possible retracement area.
18700: Possible retracement area.
18500: Area with laying low liquidity.
Ultimate Target: 18330- Essential Demand Zone

Bullish Targets📈:

18400: Possible retracement area.
18500: Possible retracement area.
18580: Possible retracement area.
18670: Area with a lot of liquidity.


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.