$INTC 4H BLOODBATH ALERT 🩸 ... Can Bulls Save This?
$INTC has experienced a massive crash, nuking from a high of 96.34 straight down to a 24h low of 59.51. Currently trading around 61.76 (-3.45%), the chart shows a brutal, relentless sell-off.
After such a heavy drop, price is finally trying to find a bottom near the 59-61 zone. A tiny green bounce is starting, but the momentum is still very weak.
A strong recovery from here could push price back towards 65.53 – 74.80 (local resistance).
If momentum returns, a relief rally towards 84.07 is possible.
As long as 59.51 holds as support, I still see a chance for a short-term bounce.
Still risky ... Buyers need to show real strength and reclaim 65.53 first.
Use stop loss while trading.
Trade on $INTC
$INTC has experienced a massive crash, nuking from a high of 96.34 straight down to a 24h low of 59.51. Currently trading around 61.76 (-3.45%), the chart shows a brutal, relentless sell-off.
After such a heavy drop, price is finally trying to find a bottom near the 59-61 zone. A tiny green bounce is starting, but the momentum is still very weak.
A strong recovery from here could push price back towards 65.53 – 74.80 (local resistance).
If momentum returns, a relief rally towards 84.07 is possible.
As long as 59.51 holds as support, I still see a chance for a short-term bounce.
Still risky ... Buyers need to show real strength and reclaim 65.53 first.
Use stop loss while trading.
Trade on $INTC
