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ARE WE ABOUT TO SEE THE RISE OF NASDAQ?📉
NASDAQ is trying to find its footing after that recent pullback,and you can see buyers slowly stepping back in.
Price has pushed up from support and is now hovering just below a key resistance zone,so this is telling me this is where I need to watch out and look out for. The structure isn’t fully clean yet,but holding those higher lows is a good sign for continuation. yes.
For this week, it’s all about reaction at resistance. I'll definitely be waiting for a clean break with momentum that could open up further upside, but if price stalls or rejects, I'll be expect a sweep back into lower demand before any real move.
My general bias is slightly bullish, but I'm definitely not going to rush it, I'll let the market confirm before taking anything serious.
In essence,I'll wait, watch before I take a leap. I hope y'all have a beautiful week ahead 🤗
#GateSquareAprilPostingChallenge