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$INTC SHORT SETUP — SELLERS TAKING CONTROL!
$INTC has faced a sharp rejection from 60.14, and the latest candles show growing selling pressure. The pullback could extend further as buyers lose momentum!
Entry: 58.23
SL: 59.10
TP1: 57.40
TP2: 57.16
TP3: 56.30
Final Target: 55.37
$INTC is forming lower highs after failing to hold above 59.00. Sellers have pushed price below nearby support, opening the possibility of a deeper correction toward 57.16. A breakdown below that level could accelerate the decline.
Invalidation: Sustained recovery above 59.10.
Watch $INTC closely. Bears are gaining short-term control!