• bitcoinBitcoin (BTC) $ 65,957.00
  • ethereumEthereum (ETH) $ 1,913.44
  • tetherTether (USDT) $ 0.999366
  • xrpXRP (XRP) $ 1.37
  • bnbBNB (BNB) $ 606.42
  • usd-coinUSDC (USDC) $ 0.999921
  • solanaSolana (SOL) $ 78.14
  • tronTRON (TRX) $ 0.276496
  • staked-etherLido Staked Ether (STETH) $ 2,265.05
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.04

The price area where I see Intuit getting a bounce

Intuit (INTU) saw a sharp selloff yesterday, finishing the trading day down roughly 11%. The move did not happen in isolation. This decline came alongside a broader pullback across the technology and software space, which added pressure to many names in the sector.

🔗 Source

💡 DMK Insight

Intuit’s 11% drop isn’t just a blip; it’s part of a tech sector shakeout. The broader tech pullback suggests that traders should brace for continued volatility. With SOL currently at $91.96, keep an eye on how tech stocks influence crypto sentiment. If tech continues to falter, we might see a risk-off approach from investors, impacting altcoins like SOL. Watch for SOL’s support levels around $90; a breach could trigger further selling pressure. Conversely, if tech stabilizes, SOL might find a footing and rally back. Here’s the kicker: while mainstream coverage focuses on the immediate selloff, it’s worth considering the potential for a rebound if the tech sector finds its legs. Look for key earnings reports and economic indicators that could shift sentiment in the coming weeks. Traders should monitor the correlation between tech stocks and crypto, especially during this turbulent phase.

📮 Takeaway

Watch SOL closely around the $90 support level; a break could signal further downside, while stabilization in tech may offer a rebound opportunity.

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