🔍 NASDAQ (NAS100) Technical Analysis – February 13, 2025
📉 Key Resistance Test – Reversal or Breakout?
🔹 The price is testing a strong resistance zone around 21,800 - 21,924 after a solid uptrend.
🔹 If this resistance holds, we could see a pullback to 21,500 and possibly lower to 21,117 - 21,000.
🔹 EMA 21 is near the price, signaling a potential shift in momentum.
🎯 Scenarios:
✅ Rejection at 21,800: Short opportunity with a target near 21,000.
❌ Break above 22,000: The bearish setup fails, and the uptrend continues.
📊 Risk-Reward Ratio: Favorable (~2.5:1)
🚀 What do you think? Is NASDAQ ready for a drop, or will the bulls take over? 🤔👇
#NASDAQ #NAS100 #TechnicalAnalysis #TradingView
📉 Key Resistance Test – Reversal or Breakout?
🔹 The price is testing a strong resistance zone around 21,800 - 21,924 after a solid uptrend.
🔹 If this resistance holds, we could see a pullback to 21,500 and possibly lower to 21,117 - 21,000.
🔹 EMA 21 is near the price, signaling a potential shift in momentum.
🎯 Scenarios:
✅ Rejection at 21,800: Short opportunity with a target near 21,000.
❌ Break above 22,000: The bearish setup fails, and the uptrend continues.
📊 Risk-Reward Ratio: Favorable (~2.5:1)
🚀 What do you think? Is NASDAQ ready for a drop, or will the bulls take over? 🤔👇
#NASDAQ #NAS100 #TechnicalAnalysis #TradingView
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.