ADBE — Cautiously Bullish
HTF Context:
ADBE is now trading inside a major higher-timeframe demand area that previously launched the entire move higher toward the 600s. This zone matters because it represents the last strong area where buyers defended price before the big expansion.
At the same time, the broader market structure has weakened, which means this is not a spot to assume a bounce. It’s a spot to slow down and watch how price behaves. If buyers can hold ground here, the bigger bullish picture stays alive. If not, that tells us something important about the trend.
This is one of those areas where patience and observation matter more than prediction.
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ADBE — Cautiously Bullish
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