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CHART BREAKDOWN NASDAQ: Key Levels, Targets and Thoughts!

EIGHTCAP:NDQ100   Nasdaq Cash
Brief Description🖊️:

The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk sell zone) spanning from 18000 to 18040.

Things I Have Seen👀:

Important Supply Zone🟢: Identified between 18000 and 18040, serving as a low-risk sell.


Bearish Targets📉:

17860: Possible retracement area.
17750: Possible retracement area.
17550: Possible retracement area..
17450: Fresh 4H Demand zone
Ultimate Target: 17300- Liquidity area.
Ultimate Target: 17250- An important level for potential retracement.


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.
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