$INTW / USDT Perp | GraniteShares 2x Long INTC ETF: Big Volatility Alert

INTW is on the move and the chart is not quiet
If you are watching the 15m timeframe you already know this has been a sharp sell-off

Last Price is $7.32 (about PKR2,025.22), down -23.91% in the last 24h, with Mark Price at $7.32
24h High sits at $9.63 and 24h Low at $6.61
24h Volume is 47.66M INTW, or $368.52M in USDT

Price pushed up to a high of $9.11 early on with strong green candles
Sellers then took over and a massive red candle crashed price straight down through $8.13

A choppy bounce followed with buyers pushing toward $8.13 again, but sellers kept pressing and dragged price lower step by step
The decline hit a low of $6.61 where buyers finally stepped in with a strong green candle

Price bounced up to the $7.59 area and has since flattened out with tiny candles around $7.32
This is an Off-Hours listing so moves can be sharp when the market reopens

Right now INTW is sitting around $7.32 after one of the sharpest declines on the board
The market is deciding if this is a bottom forming or more downside ahead

Support is at $7.04 with $6.61 as the 24h low and key floor on this chart, and $6.48 just below it
Resistance is at $7.59 with $8.13 and $8.68 above it, and $9.11 as the earlier high on this chart
A clean move above $7.59 with volume could bring momentum back
A loss of $6.61 could open the door to fresh lows

With $368.52M in USDT volume in 24 hours this is not a sleepy chart
Liquidity is there, volatility is there, and setups are forming on every timeframe
Volatility means opportunity but it also means risk
Use a stop loss, size your position wisely, and never trade money you cannot afford to lose

Not financial advice, always do your own research and trade responsibly

Let's go and trade now $INTW