Oracle Corporation – 1D Technical AnalysisOracle CorporationBATS:ORCLIbrahimTarekOracle is currently undergoing a deep corrective phase within a broader long-term uptrend. Despite the sharp sell-off from the highs, price is still respecting the major ascending trendline, indicating that the bullish structure is not yet invalidated. 🟢 Key Demand Zone: 161 – 155 This zone acts as a strong support / accumulation area aligned with the major uptrend. Current price reaction shows buying interest Confluence: Trendline support + previous demand base 👉 Buy scenario: As long as price holds above this zone, we expect a bullish continuation. 🛑 Stop Loss: 115 A breakdown below this level would invalidate the bullish structure and confirm a deeper bearish move. 🎯 Upside Targets: T1: 206 (first resistance / short-term liquidity) T2: 229 (intermediate resistance) T3: 250 (major supply zone) T4: 282 (key structural resistance) Main Target: 343 (long-term expansion target) 📊 Market Structure Summary: Macro Trend: Bullish Current Move: Correction → Accumulation Strategy: Buy from support, ride the trend ⚠️ Key Insight: This setup reflects a trend continuation model where price is retesting a major trendline after a parabolic move. Holding above the 155–161 zone increases the probability of a strong impulsive rally toward higher resistance levels.