$ADBE - Looking at the 260 Support and Potential Breakout

Been watching $ADBE today after that pretty significant drop. It's currently hovering around the 263.86 mark, and it looks like it's trying to hold onto the 260 psychological support level from previous action. We saw it bounce off 263.76 earlier, which is encouraging, but the overall candle today is still pretty red.

My thinking is we're either going to see a decent bounce from here, possibly testing the 270 level again if the broader market holds up, or a clean break below 260 could open up some downside risk. The 260 level is my line in the sand. If it breaks convincingly below that on decent volume, I'd expect further downward movement. On the flip side, if it consolidates here and we see some buying pressure come in, particularly if we get a close above, say, 265-266 tomorrow, it could be a setup for a move back towards the pre-earnings dip levels. Just my two cents, obviously, anything can happen.