CHART BREAKDOWN NASDAQ: Key Levels, Targets and Thoughts!Brief Description๐๏ธ:
The chart provides insights into critical market levels, emphasizing an essential supply zone: low-risk sell zone spanning from 20.520 to 20.560, respectively, are highlighted.
Things I Have Seen๐:
Important Supply Zone๐ข: Identified between 20.520 and 20.560 serving as a low-risk sell.
Bearish Targets๐:
20.480: Possible retracement area.
20.400: Possible retracement area.
20.230: Liquidity area.
20.000: Liquidity area.
What's Important Nowโ
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.