🚨 Everyone's buying the bounce... I'm watching the rejection.
$INTC ran into supply—and if sellers defend this zone, the next move could catch late buyers completely off guard. 📉
🔴 $INTC — SHORT SETUP
📍 Entry: $99.80 – $102.80
🛑 Stop Loss: $108.00
🎯 TP1: $97.00
🎯 TP2: $94.50
🎯 TP3: $92.00
Trade $INTC here 👇
Why I'm watching this trade:
📉 Price is struggling to hold above a major supply zone after the latest rally.
⚠️ If sellers continue defending this area, the current rebound could lose momentum and rotate back toward lower support.
📊 The broader picture remains challenging, with pressure on margins and the foundry business still weighing on the company's outlook. That doesn't guarantee lower prices—but it does reinforce the importance of watching how price reacts around resistance.
Here's how I trade...
I don't short because of headlines.
I short when price, structure, and risk line up.
If resistance breaks, I'm out.
If sellers stay in control, I let the trade work.
The market doesn't pay opinions. It pays execution.
Are you fading this rally... or betting the bulls finally break through? 👇🔥
$INTC ran into supply—and if sellers defend this zone, the next move could catch late buyers completely off guard. 📉
🔴 $INTC — SHORT SETUP
📍 Entry: $99.80 – $102.80
🛑 Stop Loss: $108.00
🎯 TP1: $97.00
🎯 TP2: $94.50
🎯 TP3: $92.00
Trade $INTC here 👇
Why I'm watching this trade:
📉 Price is struggling to hold above a major supply zone after the latest rally.
⚠️ If sellers continue defending this area, the current rebound could lose momentum and rotate back toward lower support.
📊 The broader picture remains challenging, with pressure on margins and the foundry business still weighing on the company's outlook. That doesn't guarantee lower prices—but it does reinforce the importance of watching how price reacts around resistance.
Here's how I trade...
I don't short because of headlines.
I short when price, structure, and risk line up.
If resistance breaks, I'm out.
If sellers stay in control, I let the trade work.
The market doesn't pay opinions. It pays execution.
Are you fading this rally... or betting the bulls finally break through? 👇🔥