$SOXL — Short Liquidation Watch 🟢
A $23.81K short liquidation at $102.85168 shows meaningful pressure on short positions. If price holds above the reclaimed structure, additional short covering could fuel an upside extension. Volume and follow-through remain essential.
Support: $100.00
Resistance: $105.00
Next Target: $108.00
A decisive close above resistance could expose the next liquidity zone. Remember, liquidation data alone doesn't confirm trend direction. Wait for structure and volume confirmation. Let's go $SOXL 🚀
A $23.81K short liquidation at $102.85168 shows meaningful pressure on short positions. If price holds above the reclaimed structure, additional short covering could fuel an upside extension. Volume and follow-through remain essential.
Support: $100.00
Resistance: $105.00
Next Target: $108.00
A decisive close above resistance could expose the next liquidity zone. Remember, liquidation data alone doesn't confirm trend direction. Wait for structure and volume confirmation. Let's go $SOXL 🚀