A +23.39% daily surge leaves $SOXLB testing major range extremes.
Current price sits at $54.60 with $32.26M in daily volume. Hourly momentum shows a 2.14% gain on lighter volume relative to the daily average, flagging potential exhaustion near the $57.76 high.
A strong bullish continuation scenario requires sustained hourly closes above that $57.76 boundary. Conversely, a failure to hold momentum risks a pullback toward the $41.32 range low.
Will you wait for a confirmed hourly close above $57.76, or step aside to see if the price retests support near $41.32?
Tap $SOXLB for the live chart. #SOXLB #BinanceSquare
Current price sits at $54.60 with $32.26M in daily volume. Hourly momentum shows a 2.14% gain on lighter volume relative to the daily average, flagging potential exhaustion near the $57.76 high.
A strong bullish continuation scenario requires sustained hourly closes above that $57.76 boundary. Conversely, a failure to hold momentum risks a pullback toward the $41.32 range low.
Will you wait for a confirmed hourly close above $57.76, or step aside to see if the price retests support near $41.32?
Tap $SOXLB for the live chart. #SOXLB #BinanceSquare