🚨 $SOXL TESTING OVERHEAD SUPPLY AS SELLERS COIL AT THE 100 LEVEL! 📉
Entry: 99.8 - 100.25 ⚡
Target: 88.47, 86.73, 85.04 🎯
Stop Loss: 105.53 🛑
📌 Price action is pressing directly into overhead supply between 99.8 and 100.25 on the 1H timeframe, where exhausted buyer momentum could quickly stall. 🔍 While the bias clearly leans short down toward the 85 liquidity pocket, the numbers dictate patience—keep this setup locked on the watchlist and let real volume confirm the turn.
📊 With an asymmetric reward profile reaching up to 2.72R across targets, letting the tape prove seller control is the winning edge here. 💬 Are you front-running this key resistance or waiting for clean breakdown confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SOXL #ShortSetup #PriceAction #Trading
🎯 🦈
Entry: 99.8 - 100.25 ⚡
Target: 88.47, 86.73, 85.04 🎯
Stop Loss: 105.53 🛑
📌 Price action is pressing directly into overhead supply between 99.8 and 100.25 on the 1H timeframe, where exhausted buyer momentum could quickly stall. 🔍 While the bias clearly leans short down toward the 85 liquidity pocket, the numbers dictate patience—keep this setup locked on the watchlist and let real volume confirm the turn.
📊 With an asymmetric reward profile reaching up to 2.72R across targets, letting the tape prove seller control is the winning edge here. 💬 Are you front-running this key resistance or waiting for clean breakdown confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SOXL #ShortSetup #PriceAction #Trading
🎯 🦈