$INTC is trading around 116.18 after a visible 2.25% decline. The current zone needs attention because sellers are showing stronger short-term pressure.
For a bullish setup, I’d want price to stabilize around the current area and show buyers returning. If selling continues and the current zone fails, the setup would weaken and downside pressure could remain active.
For a bullish setup, I’d want price to stabilize around the current area and show buyers returning. If selling continues and the current zone fails, the setup would weaken and downside pressure could remain active.