Key resistance in NAZDAQ🔍 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? 🤔👇
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