🚨 $SOXL BEARISH PULLBACK APPROACHES RESISTANCE AS SELLERS PREPARE THE NEXT FLIP! 📉
Entry: 104.85 - 105.57 ⚡
Target: 101.51 / 99.13 / 94.34 🎯
Stop Loss: 108.7 ⚠️
The 1-hour trend on $SOXL remains firmly tilted downward, and this current climb into the 104.85–105.57 zone is shaping up as a classic relief retest into heavy supply. 📊 Sellers have defended this overhead shelf repeatedly, setting the stage for strong downside continuation if the bid folds.
💡 Patience is the edge here. The 15-minute confirmation has not printed yet, so keep this primed on the watchlist until lower timeframes confirm exhaustion. 💬 Are you waiting for the 15-minute breakdown or fading the bounce early? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SOXL #ShortSetup #Bearish #Trading #TechnicalAnalysis
🎯 📉
Entry: 104.85 - 105.57 ⚡
Target: 101.51 / 99.13 / 94.34 🎯
Stop Loss: 108.7 ⚠️
The 1-hour trend on $SOXL remains firmly tilted downward, and this current climb into the 104.85–105.57 zone is shaping up as a classic relief retest into heavy supply. 📊 Sellers have defended this overhead shelf repeatedly, setting the stage for strong downside continuation if the bid folds.
💡 Patience is the edge here. The 15-minute confirmation has not printed yet, so keep this primed on the watchlist until lower timeframes confirm exhaustion. 💬 Are you waiting for the 15-minute breakdown or fading the bounce early? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SOXL #ShortSetup #Bearish #Trading #TechnicalAnalysis
🎯 📉