Starbucks Corporation – 1D Technical AnalysisStarbucks CorporationBATS:SBUXIbrahimTarekStarbucks is currently forming a reversal structure within a broader recovery phase after a prolonged consolidation. Price is holding above a key support zone while testing near-term resistance. 🟢 Key Entry Zone: 97 – 95 This zone acts as a strong demand / support flip area: سابقًا كانت مقاومة وتحولت لدعم Confluence with moving averages and liquidity 👉 Buy Scenario: As long as price holds above this zone, the bullish structure remains intact and favors continuation. 🔵 Trendline Context Price is still trading below a short-term descending trendline: Break above → confirms bullish momentum Rejection → short-term pullback before continuation 🛑 Stop Loss: 85 A breakdown below this level: Invalidates the bullish setup Opens the door for a deeper correction 🎯 Targets: Short-term: 104 – 105 Mid-term: 115 – 120 Long-term Target: 139.50 📊 Market Structure Summary: Macro Trend: Neutral → Bullish Shift Current Phase: Accumulation / Breakout Attempt Strategy: Buy dips, not breakouts ⚠️ Key Insight: This setup reflects a classic accumulation-to-expansion pattern. Holding above the 95–97 zone increases the probability of a trend continuation toward higher resistance levels, with a potential long-term move toward 139.50. 🔥 Scenario Summary: Hold above 95 → bullish continuation toward 115 → 139.50 Break below 85 → bearish continuation