$SOXSB /USDT is showing strong bearish pressure
Price is currently around 35.13, down about 16.6%, with a daily low near 34.75. The latest red candle is accompanied by a major volume spike, making this move important to watch.
đ Key Levels
Support: 34.75â35.00
Next downside area: 33.70
Resistance: 38.30
Major resistance: 42.90â43.60
Stronger resistance: 46.45
Price is also trading below both MA(7) at 43.59 and MA(25) at 46.45, keeping the short-term chart structure bearish.
đ What Iâm Watching
If 34.75 holds and buyers return with volume, a relief move toward 38.30 could become interesting to watch.
But if 34.75 breaks decisively, the next support area around 33.70 comes into focus.
For now, Iâm watching support + volume + daily candle confirmation rather than chasing the move.
Still learning. Still watching. đ
What level are you watching on $SOXSB ?
â ïž Not financial advice. This is my personal chart analysis and learning journey.
Price is currently around 35.13, down about 16.6%, with a daily low near 34.75. The latest red candle is accompanied by a major volume spike, making this move important to watch.
đ Key Levels
Support: 34.75â35.00
Next downside area: 33.70
Resistance: 38.30
Major resistance: 42.90â43.60
Stronger resistance: 46.45
Price is also trading below both MA(7) at 43.59 and MA(25) at 46.45, keeping the short-term chart structure bearish.
đ What Iâm Watching
If 34.75 holds and buyers return with volume, a relief move toward 38.30 could become interesting to watch.
But if 34.75 breaks decisively, the next support area around 33.70 comes into focus.
For now, Iâm watching support + volume + daily candle confirmation rather than chasing the move.
Still learning. Still watching. đ
What level are you watching on $SOXSB ?
â ïž Not financial advice. This is my personal chart analysis and learning journey.
