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$INTC is trading back into a key supply zone after a corrective rebound
Trading Plan Short $INTC
Entry: 129 – 133
SL: 143
TP1: 125
TP2: 121
TP3: 117
The recent recovery appears corrective rather than impulsive, bringing price back into an area where sellers previously showed strong control. Liquidity continues to build above nearby highs, and a brief sweep of that liquidity could provide the fuel for a rejection. If buyers fail to maintain acceptance above resistance, the structure favors a move back toward lower liquidity and demand zones.
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