📉 $SOXSB /USDT Technical Analysis (SHORT Signal)
Key Technical Observations:
Resistance Rejection: The price has tested key resistance at $45.80 multiple times, showing long upper wicks and a failure to break higher.
Bearish Structure: Price action displays exhaustion after a massive upward move from $38.00, indicating a high-probability pullback/correction toward local support levels.
🚨 Trade Execution Details
Trading Pair: SOXSB/USDT
Direction: SHORT (Sell)
Leverage: Spot / 2x - 3x (Low Risk)
Entry Zone: $45.20 – $45.80
🎯 Take-Profit (TP) Targets
1. TP 1: $44.00 (Initial local support / quick scalp)
2. TP 2: $42.50 (Mid-level liquidity zone)
3. TP 3: $40.50 (Major structural support)
🛑 Stop-Loss (SL)
Stop-Loss: $46.20 (Strict exit above the 24h high & major resistance level)
$AKE
$VELVET
Key Technical Observations:
Resistance Rejection: The price has tested key resistance at $45.80 multiple times, showing long upper wicks and a failure to break higher.
Bearish Structure: Price action displays exhaustion after a massive upward move from $38.00, indicating a high-probability pullback/correction toward local support levels.
🚨 Trade Execution Details
Trading Pair: SOXSB/USDT
Direction: SHORT (Sell)
Leverage: Spot / 2x - 3x (Low Risk)
Entry Zone: $45.20 – $45.80
🎯 Take-Profit (TP) Targets
1. TP 1: $44.00 (Initial local support / quick scalp)
2. TP 2: $42.50 (Mid-level liquidity zone)
3. TP 3: $40.50 (Major structural support)
🛑 Stop-Loss (SL)
Stop-Loss: $46.20 (Strict exit above the 24h high & major resistance level)
$AKE
$VELVET