Guys $SOXS is setting up for a potential breakdown short here 📉
Entry: 45.80 - 45.90
🎯 TP1: 45.20
🎯 TP2: 44.50
Trading volume is up more than 200% above normal as sellers drive price under both key moving averages. Increasing open interest confirms shorts are building aggressive positions.
A clean break below 45.60 should unlock further downside.
Watching closely to see if sellers step in heavy 👀
Entry: 45.80 - 45.90
🎯 TP1: 45.20
🎯 TP2: 44.50
Trading volume is up more than 200% above normal as sellers drive price under both key moving averages. Increasing open interest confirms shorts are building aggressive positions.
A clean break below 45.60 should unlock further downside.
Watching closely to see if sellers step in heavy 👀