MRVL: Watching this 236-237 area on futures
Được dịch tự động từ bản gốc · Đọc bản gốc (English)
Interesting price action on $MRVL futures today, especially after the recent move. I'm keeping a close eye on the 236-237 level. It seems to have acted as both support and resistance over the past few sessions. We dipped to 236.104 today and bounced a bit, which is telling.
My take is that if we see a sustained break below 236 on significant volume in the upcoming session, it could signal further downside to test the lower range of what I'm seeing as a developing consolidation. Conversely, a strong rejection of that level and a move back towards the 240s would suggest the bullish momentum might still be in play. The risk, as always, is that any retest of 236 could just be a fake-out before a quick reversal in either direction. I'm not making a call yet, just watching how price interacts with this zone.