$SOXLB Looking Bullish
SOXL is holding around 141.98 after a sharp pullback, with buyers defending the 141.30–141.50 support area. On the 15M chart, price is trying to build a base, and a reclaim of 142.20 could trigger another move higher.
Trade Setup Entry: $141.90–142.20
Stop Loss: $141.25
TP1: $SOXLB 42.55
TP2: $143.25
TP3: $143.90
The key confirmation is a clean break above $142.20 with momentum. If support continues to hold, the setup favors a recovery toward the nearby resistance zones.
Manage risk carefully and avoid chasing the move after a sudden breakout.
Let’s trade smart and catch the momentum, $SOXLB
SOXL is holding around 141.98 after a sharp pullback, with buyers defending the 141.30–141.50 support area. On the 15M chart, price is trying to build a base, and a reclaim of 142.20 could trigger another move higher.
Trade Setup Entry: $141.90–142.20
Stop Loss: $141.25
TP1: $SOXLB 42.55
TP2: $143.25
TP3: $143.90
The key confirmation is a clean break above $142.20 with momentum. If support continues to hold, the setup favors a recovery toward the nearby resistance zones.
Manage risk carefully and avoid chasing the move after a sudden breakout.
Let’s trade smart and catch the momentum, $SOXLB