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$INTC Currently Rejected at the Peak – Momentum Weakening Gradually 📉
$INTC Stocks are showing signs of weakening after a strong rejection at the high price zone. Selling pressure becomes clear as the price fails to stay above the recent peak, indicating that buyers are losing momentum and the short-term correction potential is increasing.
Currently, the price structure leans toward a correction scenario as profit-taking pressure increases. If the weakening trend continues, the price may retreat to lower support levels in the near future.
📈Trading Strategy (Short)
⟶ Entry zone: 93.5 – 95.0
⛔Stop Loss: 98.5
• Take Profit 1: 90.0
• Take Profit 2: 87.5
• Take Profit 3: 84.0
If the price continues to be rejected around the 95 zone and cannot break above 98.5, selling pressure could push the price down to the target levels below. However, careful capital management is necessary as the market may still experience a sudden technical rebound.
Overall, momentum is leaning toward a short-term decline, but monitoring the price reaction at support levels will be very important to confirm the next trend.