Guys $SOXL is setting up for a possible short here 📉
Entry: 122.90 - 123.30
🎯 TP1: 121.50
🎯 TP2: 119.80
Price is trapped in a clear downward trend below all key moving averages with four consecutive red candles.
Long positioning is heavily crowded at nearly 70%, leaving room for a potential unwinding.
A clean break under 122.85 should open the door toward lower levels.
Watching closely for sell volume to step in ⚡
Entry: 122.90 - 123.30
🎯 TP1: 121.50
🎯 TP2: 119.80
Price is trapped in a clear downward trend below all key moving averages with four consecutive red candles.
Long positioning is heavily crowded at nearly 70%, leaving room for a potential unwinding.
A clean break under 122.85 should open the door toward lower levels.
Watching closely for sell volume to step in ⚡