$INTC – Bleeding out. Sellers in full control.

Short $INTC

Entry: 46.75 – 47.50

SL: 48.90

TP1: 45.60

TP2: 43.90

TP3: 41.50

The chart is a textbook downtrend. Every attempt to bounce is getting snuffed out by the EMA(25), which is acting as a hard ceiling. We’ve just seen a series of lower highs, and the current price action is hugging the local lows—usually a sign that the floor is about to give way. RSI is stagnant in bearish territory (43.40), showing zero buy-side divergence. Expecting a slide back toward the major support at 43.93.

Trade $INTC here 👇

INTCUSDT

Διην.

45.44

-2.55%