🚨 $SOXL SUPPLY REJECTION IN SIGHT AS 1H RETRACEMENT TESTS INSTITUTIONAL PREMIUM 📉
Entry: 129.45 - 129.87 ⚡
Target: 128.16 / 125.03 / 116.21 🎯
Stop Loss: 131.34 🛑
🔍 The 1H retracement is pushing directly into a premium supply block between 129.45 and 129.87, setting up a textbook continuation short toward external liquidity pools.
📊 Lower-timeframe confirmation on the 15M chart remains incomplete, meaning discipline is mandatory before committing capital into this potential distribution phase. A validated rejection opens clean delivery paths down to 116.21 for an exceptional 8R setup.
💬 Are you waiting for a confirmed 15M market structure break or front-running the supply zone? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SOXL #ShortSetup #PriceAction #MarketStructure
🎯 🦈
Entry: 129.45 - 129.87 ⚡
Target: 128.16 / 125.03 / 116.21 🎯
Stop Loss: 131.34 🛑
🔍 The 1H retracement is pushing directly into a premium supply block between 129.45 and 129.87, setting up a textbook continuation short toward external liquidity pools.
📊 Lower-timeframe confirmation on the 15M chart remains incomplete, meaning discipline is mandatory before committing capital into this potential distribution phase. A validated rejection opens clean delivery paths down to 116.21 for an exceptional 8R setup.
💬 Are you waiting for a confirmed 15M market structure break or front-running the supply zone? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SOXL #ShortSetup #PriceAction #MarketStructure
🎯 🦈