Is the $ADBE pullback a true value play or just a dead cat bounce?

Watching $ADBE around 251.34 today, after hitting a high of 262.15 earlier in the day. The dip from its prior highs has many talking 'value,' but I'm not convinced this isn't just a brief consolidation before more downside. The broader market sentiment, while strong in some pockets, still feels a little thin to support a robust rebound here without a clear catalyst. I see folks jumping in, calling it a bargain. My gut says it's too early to confirm a bottom. Am I missing something critical in the chart or fundamentals? Push back on this, please.