๐๐ฅ NASDAQ Approaching Max Pain โ Will It Hold or Collapse Further? ๐โ ๏ธ
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.
๐ Key Technical Levels:
๐ 19,106 โ First major support (bounce or breakdown zone).
๐ 18,283 โ Next key level if sellers take control.
๐ 16,732 โ The "Max Pain" zone, where long-term buyers may step in.
๐ 15,347 โ Ultimate demand zone if things spiral out of control.
๐จ 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.
๐ก Will we see a relief rally from these levels, or is the bloodbath just getting started?
Drop your thoughts below!
One Love,
The FXPROFESSOR ๐
#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.
๐ Key Technical Levels:
๐ 19,106 โ First major support (bounce or breakdown zone).
๐ 18,283 โ Next key level if sellers take control.
๐ 16,732 โ The "Max Pain" zone, where long-term buyers may step in.
๐ 15,347 โ Ultimate demand zone if things spiral out of control.
๐จ 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.
๐ก Will we see a relief rally from these levels, or is the bloodbath just getting started?
Drop your thoughts below!
One Love,
The FXPROFESSOR ๐
#Nasdaq #StockMarketCrash #TechStocks #Trading #MarketAnalysis
Dagangan aktif
How we called the 'max pain' level precisely๐ฃ Telegram: t.me/fxprofessor88
๐ fxprofessor.com
๐ Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer ๐๐ค๐
๐ fxprofessor.com
๐ Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer ๐๐ค๐
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๐ฃ Telegram: t.me/fxprofessor88
๐ fxprofessor.com
๐ Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer ๐๐ค๐
๐ fxprofessor.com
๐ Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer ๐๐ค๐
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.