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

Brief Description🖊️:

The chart provides insights into critical market levels, emphasizing an essential supply zone (medium-risk sell zone) spanning from 18270 to 18320. Additionally, high-risk buy zone between 17860-17810, respectively, are highlighted.


Things I Have Seen👀:


Medium-Risk Sell Zone🟠: Positioned between 18270 and 18320, suggesting another area with moderate risk for potential selling positions.

High-Risk Buy Zone🔴: Noted between 17860 and 17810, indicating a zone with increased risk for potential buying opportunities.

Bearish Targets📉:

18200: Possible retracement area.
18050: Possible retracement area.
17900: Area with laying low liquidity.
Ultimate Target: 17800- Area with laying low liquidity.

Bullish Targets📈:

17920: Possible retracement area.
18000: Possible retracement area.
18150: Liquidity area.
18200: Possible retracement area.
18270: Significant Supply zone.

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.