NASDAQ โ€“ Will It Hold or Collapse Further?

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๐Ÿ“‰๐Ÿ”ฅ NASDAQ Approaching Max Pain โ€“ Will It Hold or Collapse Further? ๐Ÿš€โš ๏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.

๐Ÿ“Š Key Technical Levels:
๐Ÿ“Œ 19,106 โ€“ First major support (bounce or breakdown zone).
๐Ÿ“Œ 18,283 โ€“ Next key level if sellers take control.
๐Ÿ“Œ 16,732 โ€“ The "Max Pain" zone, where long-term buyers may step in.
๐Ÿ“Œ 15,347 โ€“ Ultimate demand zone if things spiral out of control.

๐Ÿšจ 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.
๐Ÿ’ก Will we see a relief rally from these levels, or is the bloodbath just getting started?

Drop your thoughts below!

One Love,
The FXPROFESSOR ๐Ÿ’™

#Nasdaq #StockMarketCrash #TechStocks #Trading #MarketAnalysis

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