$INTCB : Breaks Ascending Support Line: Bearish Momentum Surge
SHORT SETUP INTCB
Entry: $97.5000 - $97.8000
Stop Loss: $101.200
Take Profit: $90.5500 (2R)
Key Levels: Support $96.1300 | Resistance $101.270
Technical Analysis for $INTCB : All key indicators point to downside pressure. RSI at 22 and Stochastic K 7 signal deep oversold conditions, yet MACD sits well below its signal line and the histogram stays negative, confirming bearish momentum. Price sits under the 9,21,50and 200EMA chain, while ADX above 30 shows a strong trend. The next resistance sits near 101.3.
Market Context: BTC is in a bearish 4hour trend and the broader market shows 86.7% red assets, reinforcing downside bias.
SHORT $INTCB
SHORT SETUP INTCB
Entry: $97.5000 - $97.8000
Stop Loss: $101.200
Take Profit: $90.5500 (2R)
Key Levels: Support $96.1300 | Resistance $101.270
Technical Analysis for $INTCB : All key indicators point to downside pressure. RSI at 22 and Stochastic K 7 signal deep oversold conditions, yet MACD sits well below its signal line and the histogram stays negative, confirming bearish momentum. Price sits under the 9,21,50and 200EMA chain, while ADX above 30 shows a strong trend. The next resistance sits near 101.3.
Market Context: BTC is in a bearish 4hour trend and the broader market shows 86.7% red assets, reinforcing downside bias.
SHORT $INTCB