My levels to manage $ORCL positions

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My levels to manage $ORCL positionsOracle CorporationBATS:ORCLKhanhC.HoangORCL has dropped sharply, breaking below recent support levels. If this move holds, it could signal a short-term bearish phase. • Key Levels: • Support: Watch for stabilization near $230–$232, which aligns with prior demand zones and trendline support. • Resistance: The previous high near $245 now acts as resistance. A reclaim of this level would suggest bullish momentum resuming. This drop could be interpreted as: • Phase C (Shakeout) if volume spikes and price rebounds quickly—suggesting a spring setup. • Phase E (Markdown) if breakdown continues with weak volume recovery—favoring bearish continuation.