INTC Swing Setup: Buy the 97 Sweep, Target 130 - a 30% Swing

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INTC Swing Setup: Buy the 97 Sweep, Target 130 - a 30% SwingIntel CorporationBATS:INTCProjectSyndicate▪️ INTC H1 SNAPSHOT — EXECUTIVE SUMMARY ▪️ Intel is trading near 106.52, holding mid-range just above the 104.00 strong-support shelf. The structure is building a base — a defended floor at 104, a stacked liquidity pocket at 96–98 beneath it, and a clean ladder of resistance overhead into the 128–130 supply shelf. This is a bull setup being loaded, not chased. ▪️ Primary outlook is bullish (swing) — but the highest-probability long for bulls is not up here, it's lower. The best risk-reward entry sets up on a liquidity sweep into the 96–98 gap, where price gets flushed, stops get taken, and the tape hands back to buyers for the rotation toward 130. ▪️ Prime accumulation zone: 96.43–98.77 — the liquidity band below support. The trigger is a wick into 96.70–97.37 that reclaims 98.77 on the close: it sweeps resting sell-stops beneath 104, sets a tight invalidation, and arms the swing. ▪️ Upside path once reclaimed: 104.00 (Strong, 6 retests) flips back to support, then the ladder to beat is 116.36 (Very Strong, 11) → 122.00 (Weak, 13) → 126.96 (Strong, 9), which opens the door to the primary objective. ▪️ Primary target: the 128.24–130.65 supply shelf, with 130.00 the headline swing objective — a 30%+ move (≈ +34% from a ~97 fill to 130). ▪️ Major liquidity magnet below: 96.43–98.77 — this is the pocket price is drawn to, the level bulls want to buy, and where a strong bounce or reversal is expected on first test. ▪️ Bearish scenario (invalidation): a decisive daily close below 96.40 voids the swing — it breaks the entire liquidity shelf and opens continuation lower. While that band holds, the bullish accumulation thesis stays intact. ▪️ KEY LEVELS RESISTANCEs ▪️ 133.00 — ★★ 6.4 Moderate · 10 retests ▪️ 126.96 — ★★★ 7.5 Strong · 9 retests ▪️ 122.00 — ★ 4.3 Weak · 13 retests ▪️ 116.36 — ★★★★ 8.2 Very Strong · 11 retests ▪️ Current Price: 106.52 SUPPORTs ▪️ 104.00 — ★★★ 7.8 Strong · 6 retests LIQUIDITY LINES ▪️ 130.65 / 130.00 / 129.48 / 128.24 — upper supply & swing-target shelf ▪️ 98.77 / 98.25 / 97.37 / 96.70 / 96.43 — lower liquidity gap & accumulation zone ▪️ ProjectSyndicate Levels Desk — Overview of key S/R zones for INTC, NVDA, NQ, ES & GC traders every week. Subscribe to stay up to date with the latest levels.