Intuit Inc.
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INTU – Market Structure Breakdown

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📉 INTU – Market Structure Breakdown

I recognize this setup:
Accumulation ➝ Manipulation ➝ Distribution.

After distribution at the premium zone, price is now breaking down toward the previous point of manipulation.

🔹 Current price: ~662
🔹 Potential downside target: 556–560 zone (previous manipulation base)
🔹 If broken further → risk of deeper move into 480–500 discount range

Key Observations:

Multiple Change of Character (ChoCH) and Break of Structure (BOS) signals confirming distribution.

Volume spikes align with manipulation phases.

Real trend may resume only after price returns to equilibrium zones.

⚠️ Watch for liquidity grabs around 600–610 before continuation lower.

👉 My bias: Short-term bearish, targeting 560, with a potential trend resumption later.

#INTU #Trading #SmartMoney #Stocks

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