🚨 $SOXL TESTS 1H OVERHEAD SUPPLY: WILL INSTITUTIONAL SELLERS TRIGGER THE LIQUIDITY FLUSH? 📉
Entry: 94.11 - 94.25 ⚡
Target: 93.48 🎯
Stop Loss: 94.75 🛑
📌 Price action is tapping premium distribution inside the 94.11-94.25 resistance cluster on the hourly chart as the broader trend remains capped. 🔍 While the higher timeframe structure points down, the calculated expected value sits at -0.12R, urging institutional patience over premature execution.
💡 Treat this supply retest strictly as a watchlist setup until a confirmed lower-timeframe shift validates the move toward scale-out levels down to 92.23. 💬 Are you waiting for a structural rejection signal, or fading this level directly? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SOXL #ShortSetup #PriceAction #MarketStructure
🎯 🦈
Entry: 94.11 - 94.25 ⚡
Target: 93.48 🎯
Stop Loss: 94.75 🛑
📌 Price action is tapping premium distribution inside the 94.11-94.25 resistance cluster on the hourly chart as the broader trend remains capped. 🔍 While the higher timeframe structure points down, the calculated expected value sits at -0.12R, urging institutional patience over premature execution.
💡 Treat this supply retest strictly as a watchlist setup until a confirmed lower-timeframe shift validates the move toward scale-out levels down to 92.23. 💬 Are you waiting for a structural rejection signal, or fading this level directly? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SOXL #ShortSetup #PriceAction #MarketStructure
🎯 🦈