$MRVL is the weakest major name here, falling 11.02% to 216. I’m not chasing the selloff. Instead, I’m watching 210–216 for stabilization. A reclaim of 220 would be the first sign that buyers are returning.
Trade Setup — LONG
Entry Zone: 212–216
Stop Loss: 205
Target 1: 225
Target 2: 235
Target 3: 245
Why it works: After a sharp decline, a confirmed support reaction can offer a defined-risk bounce. I’m waiting for reversal confirmation.