Intel is currently in a holding pattern, but the setup is primed for a bullish breakout. With technical layers currently neutral, the trade relies on a momentum shift from the $101 level. The lack of immediate negative catalysts provides a clear runway for a move toward the $106 resistance zone. We are playing the consolidation phase, expecting a break of the current range to the upside. This is a tactical play on a low-volatility environment transitioning into a bullish trend.

Stop: $98.83 · T1: $104.89 · R:R 1.67