🔴 $SOXL BEARS EYE REJECTION AT THE 130 SUPPLY ZONE FOR CONTINUATION! 📉
Entry: 129.45–129.87 ⚡
Target: 128.16, 125.03, 116.21 🎯
Stop Loss: 131.34 🛑
Sellers are stepping back into the arena as this 1H corrective bounce grinds straight into overhead supply. 📌 Price is carving out an exhausted retest structure, but lower timeframe confirmation is still developing, which means patience is required before executing. 🔍
Once order flow triggers the rollover, tapping into that deep liquidity pocket opens the gates for an extended drift toward 116.21. 📊 Are you waiting for sub-frame weakness or front-running the resistance level? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SOXL #ShortSetup #PriceAction #Trading #DayTrading
🎯 📉
Entry: 129.45–129.87 ⚡
Target: 128.16, 125.03, 116.21 🎯
Stop Loss: 131.34 🛑
Sellers are stepping back into the arena as this 1H corrective bounce grinds straight into overhead supply. 📌 Price is carving out an exhausted retest structure, but lower timeframe confirmation is still developing, which means patience is required before executing. 🔍
Once order flow triggers the rollover, tapping into that deep liquidity pocket opens the gates for an extended drift toward 116.21. 📊 Are you waiting for sub-frame weakness or front-running the resistance level? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SOXL #ShortSetup #PriceAction #Trading #DayTrading
🎯 📉