$SOXS 🔻 SHORT SIGNAL 🔻
ENTRY: 34.47 - 35.00
🎯 TP1: 33.30
🎯 TP2: 32.22
🎯 TP3: 31.00
🎯 TP4: 29.50
🛑 SL: 37.60
MARKET VIEW:
The asset is locked in a heavy markdown phase with severe selling pressure. Price action shows clear lower highs and lower lows, consistently trapped below the key moving averages. Momentum remains firmly bearish despite the minor relief candles. Sellers dominate the structure.
ENTRY: 34.47 - 35.00
🎯 TP1: 33.30
🎯 TP2: 32.22
🎯 TP3: 31.00
🎯 TP4: 29.50
🛑 SL: 37.60
MARKET VIEW:
The asset is locked in a heavy markdown phase with severe selling pressure. Price action shows clear lower highs and lower lows, consistently trapped below the key moving averages. Momentum remains firmly bearish despite the minor relief candles. Sellers dominate the structure.