INTC descending lower highs: targeting $95INTCUSDTPERP PERPETUAL MIX CONTRACTBITGET:INTCUSDT.P3CommasThe Macro Picture 🗺️ INTC ran a vertical expansion from the $40 macro floor to a $135 structural peak in mid-May, and the post-parabolic phase has carved a textbook descending compression. Three rejections in sequence — $135, $130, $125 — each landed closer to the $106 horizontal floor, and that floor is now under direct attack. The ascending structure from April has fully broken, and price is sitting on the line that separates "range reset" from "structural breakdown." This is the kind of post-parabolic exhaustion that demands deep corrections before the next macro decision. The Setup ⚙️ The Rejection: The $125–$135 supply zone holds three clean rejections in three weeks, with each test of the upper band drawing progressively heavier supply and producing a lower high — bears are defending this band with size and have not given an inch. The Floor: The $106 horizontal has been the structure's last line of defense, but the current candle is wicking through it and the relief bounces are getting shorter and weaker — supply pressure is winning the test. The Trigger: A 1D close below $106 flips the descending compression into a confirmed structural breakdown, opening the liquidity pocket between $100 and $95 where sell stops sit waiting. The Roadmap: Primary target sits at $95 — the white projection traces a shallow relief bounce off the floor followed by a clean breakdown into the liquidity pocket below. Invalidation: a sustained 1D reclaim of $115 would invalidate this bearish thesis and reopen the path toward the $125 lower-high band.