📉🔥 NASDAQ Approaching Max Pain – Will It Hold or Collapse Further? 🚀⚠️
The NASDAQ 100 is hanging by a thread, as price approaches the key 19,106 support level. A breakdown from here could accelerate losses toward the 18,283 zone, and if things get worse, the dreaded 16,732 "Max Pain" level may be tested.
📊 Key Technical Levels:
📌 19,106 – First major support (bounce or breakdown zone).
📌 18,283 – Next key level if sellers take control.
📌 16,732 – The "Max Pain" zone, where long-term buyers may step in.
📌 15,347 – Ultimate demand zone if things spiral out of control.
🚨 Why Is Nasdaq Falling?
Tech stocks are getting destroyed, with Tesla leading the plunge.
Market panic over higher interest rates & economic uncertainty.
Bitcoin also struggling, highlighting broader risk-off sentiment.
💡 Will we see a relief rally from these levels, or is the bloodbath just getting started?
Drop your thoughts below!
One Love,
The FXPROFESSOR 💙
#Nasdaq #StockMarketCrash #TechStocks #Trading #MarketAnalysis
The NASDAQ 100 is hanging by a thread, as price approaches the key 19,106 support level. A breakdown from here could accelerate losses toward the 18,283 zone, and if things get worse, the dreaded 16,732 "Max Pain" level may be tested.
📊 Key Technical Levels:
📌 19,106 – First major support (bounce or breakdown zone).
📌 18,283 – Next key level if sellers take control.
📌 16,732 – The "Max Pain" zone, where long-term buyers may step in.
📌 15,347 – Ultimate demand zone if things spiral out of control.
🚨 Why Is Nasdaq Falling?
Tech stocks are getting destroyed, with Tesla leading the plunge.
Market panic over higher interest rates & economic uncertainty.
Bitcoin also struggling, highlighting broader risk-off sentiment.
💡 Will we see a relief rally from these levels, or is the bloodbath just getting started?
Drop your thoughts below!
One Love,
The FXPROFESSOR 💙
#Nasdaq #StockMarketCrash #TechStocks #Trading #MarketAnalysis
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🌐 Public Telegram: t.me/fxprofessor88
💎 VIP: partner.bitget.com/bg/FX_PROFESSORFind details on fxprofessor.com
🌟 CRGPT Token: Join the Crypto AI Revolution cryptogpt.io/
💎 VIP: partner.bitget.com/bg/FX_PROFESSORFind details on fxprofessor.com
🌟 CRGPT Token: Join the Crypto AI Revolution cryptogpt.io/
Related publications
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.