$INTC plunged nearly 30%, with a high-volume wick spike—a contrarian mean-reversion play:
• Current price: 64.85 (scale in on a retest of 64.5~65.2)
• Resistance: 68.5 / 71.8 (sell half on a rebound to break even)
• Support: 64.37 (the low before the panic)
• Invalidation: if it breaks below 64.0, cut losses decisively—never hold and hope
If it breaks below 64, will you cut losses or stubbornly hold? Share your position. 👇
$INTC $BTC #TradFi #BinanceFutures
• Current price: 64.85 (scale in on a retest of 64.5~65.2)
• Resistance: 68.5 / 71.8 (sell half on a rebound to break even)
• Support: 64.37 (the low before the panic)
• Invalidation: if it breaks below 64.0, cut losses decisively—never hold and hope
If it breaks below 64, will you cut losses or stubbornly hold? Share your position. 👇
$INTC $BTC #TradFi #BinanceFutures