š¢ $INTC / USDT ā Bounce Play
Big drop already happened ā now price sitting near intraday support.
š What happened:
ā¢ Sharp sell-off = liquidity sweep
ā¢ Price near 24h low zone
ā¢ Short-term sellers likely exhausted
ā¢ Now small base forming
š Trade Idea (Scalp Long / Bounce):
Entry Zone: 47.2 ā 47.5
Target 1: 48.5
Target 2: 49.2 (red line resistance)
Target 3: 50 (if momentum strong)
Stop Loss: 46.8
š Why bounce possible:
ā¢ Overextended drop
ā¢ Support holding multiple candles
ā¢ Volume profile shows demand near 47
ā¢ Short covering push likely
ā ļø Not a full trend change ā just a recovery move.
Break below 46.8 = bearish continuation.
Quick trade, not hold.