⚡NASDAQ Daily Analysis Based on Main Key Levels - April 4, 2025

Daily Current Market Price (DCMP): 18,444 🔍

Critical Price Framework 🔥

🔴 Resistance Zone (Above 18,444)

Immediate Resistance: 18,832 🚩

Critical Resistance: 19,199 ⚠️

🟢 Support Zone (Below 18,444)

Primary Support: 18,292 🛡️

Critical Floor: 18,078 🛑

Swing Levels 📉

Swing High: 22,239

Swing Low: 19,109

Technical Confluence 🔍

Fibonacci Alignment

18,832 aligns with 61.8% retracement of Q1 2025 decline

18,292 coincides with 127% extension of March rally

Momentum Indicators

RSI at 62.7 (approaching overbought territory)

MACD histogram shows bearish crossover below signal line

Intraday Trade Setup ⚡

🔴 Sell Trade Idea

Entry: 18,832 🎯

Stop Loss: 19,199 🔴

Take Profit 1: 18,425 📉 (1:2.5 R/R)

Take Profit 2: 18,078 📉 (1:4.1 R/R)

Rationale: Bearish reversal expected at 61.8% Fib resistance cluster (18,832-19,199) with negative divergence on 4H chart.

Risk Management Protocol ⚠️

Position sizing ≤0.8% of capital

Trailing stop activation at 0.5R profit

Monitor Fed rate decision commentary

Analysis valid until NYSE closing bell. Chart patterns verified via TradingView.