NAS100 ๐ NASDAQ Daily Analysis Based on Main Key Levels โ April 1, 2025
Daily Current Market Price (DCMP): 19,291
Market Context: Trading above immediate support at 19,108 / below resistance cluster at 19,553-19,999
๐ Critical Price Architecture
Demand Zones:
โ Structural Support: 18,832-19,108 (Fib 61.8% Retracement Zone)
โ ๏ธ Breakdown Threshold: 18,597 (4H Swing Low Anchor)
Supply Barriers:
โ๏ธ Upper Resistance: 19,553-20,720 (Multi-Timeframe Supply Confluence)
๐ Bullish Catalyst: 19,305 (Daily Swing High)
Swing Reference:
๐บ Swing High: 22,239 (Daily Chart Peak)
๐ป Swing Low: 19,109 (4H Chart Trough)
๐ Technical Configuration
Fibonacci Framework:
38.2% Retracement at 19,553 aligns with liquidity pool
61.8% Extension at 19,108 matches historical support
Momentum Dynamics:
โก RSI: Neutral at 51 with bearish divergence on 4H chart
๐ MACD: Bearish crossover confirmed below signal line
๐ก Tactical Trade Blueprint
๐ฏ Intraday Buy Setup
Entry: 19,108 (Demand Zone & Fib 61.8% Convergence)
๐ Stop Loss: 18,832 (Below Structural Support)
๐ฏ Take Profit 1: 19,553 (Immediate Resistance)
๐ฏ Take Profit 2: 19,999 (Mid-Term Resistance)
Rationale: Reversion play at deep Fib support with RSI hinting at oversold conditions.
๐ฏ Intraday Sell Setup
Entry: 19,553 (Resistance Zone & Fib 38.2% Retracement)
๐ Stop Loss: 19,999 (Above Supply Cluster)
๐ฏ Take Profit 1: 19,108 (Immediate Support)
๐ฏ Take Profit 2: 18,832 (Structural Demand Zone)
Rationale: Bearish rejection likely at resistance with MACD confirming downside momentum.
๐ Strategic Outlook
Price consolidates between 19,108 (Fib 61.8%) and 19,553 (lower resistance). Sustained break above 19,999 opens path to 20,720. Downside risk escalates below 18,832 with 18,597 as next bearish target.
Risk Alert: Monitor Fed policy statements for tech sector volatility triggers. ๐ฅ
