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$INTC | 1H | Short Setup
Bias: Short
Entry Zone: 111.00 to 112.00
Stop Loss: 113.80
Targets:
TP1: 109.20
TP2: 107.80
TP3: 105.80
Invalidation:
Close above 113.80
Why This Setup:
I’m fading the push into the 111-112 resistance after a sharp recovery leg. Price is stalling below the recent spike high, and I expect a rejection back into the prior breakout area if buyers fail to reclaim the upper wick zone.