The Nasdaq index showed a notable recovery yesterday but declined today toward the support zone at 24,475, which is a potential rebound area.
🔻 If 24,475 breaks and holds below, the price is likely to retest the lower support zone at 24,000, which remains the preferred scenario for now.
🔺 If a rebound occurs from the current support, the index may rise to test the resistance zone at 24,780, and a breakout above it would confirm a return to the bullish trend.
📉 Best Sell Zone: Below 24,470 (confirmation of breakdown)
📈 Best Buy Zones: Upon confirmation of rebound from 24,480 or 24,000
🔻 If 24,475 breaks and holds below, the price is likely to retest the lower support zone at 24,000, which remains the preferred scenario for now.
🔺 If a rebound occurs from the current support, the index may rise to test the resistance zone at 24,780, and a breakout above it would confirm a return to the bullish trend.
📉 Best Sell Zone: Below 24,470 (confirmation of breakdown)
📈 Best Buy Zones: Upon confirmation of rebound from 24,480 or 24,000
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