MRVL: Rising Wedge Breakdown Suggests Further DownsideMarvell Technology, Inc.BATS:MRVLibraheeemz📉 Price has broken down decisively from a rising wedge while trading inside the 0.5 - 0.618 Golden Pocket retracement zone, and that too with strong volume, increasing the probability of a deeper correction. 🎯 Bearish Points: 📉 Golden Pocket: $244 - $264 📉 Rising Wedge Breakdown 📉 Supported by huge volume ✅ Targets: 🎯 First major support/ Target: $160 - $167 📊 Extended Bearish Scenario ⚠️ Break below $160-$167 opens the door for a move toward sub-$100 levels 📉 That would represent a decline of more than 60% from the recent swing high around 255 ❌ Bearish Invalidation Strong daily/weekly reclaim above $255. A breakout back into the wedge structure would weaken the current bearish outlook 👀 For now, all eyes are on the $160-$167 EMA200 confluence zone. How price reacts there will likely determine whether this becomes a normal pullback or the start of a much larger correction.