After yesterday’s drop to 24,990, which represents the golden Fibonacci retracement zone (as mentioned in the previous analysis), the NASDAQ index rebounded today, reaching 25,100, a nearby support zone expected to trigger a bullish continuation toward retesting the all-time high at 25,190.
If the index breaks above 25,190 and holds, it may target 25,280 as the next resistance level.
🔻 Bearish Scenario:
If the price breaks below 25,100 and stabilizes beneath it, a decline toward the recent low at 24,990 becomes likely.
If the index breaks above 25,190 and holds, it may target 25,280 as the next resistance level.
🔻 Bearish Scenario:
If the price breaks below 25,100 and stabilizes beneath it, a decline toward the recent low at 24,990 becomes likely.
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