🔴 $SOXL SHORT SETUP
A $1.6511K short liquidation at $82.00 highlights a key level to watch. Traders should monitor this zone for a potential rejection and renewed selling pressure before considering a short position.
EP (Entry Point)
$82.00 — after bearish confirmation
TP (Take Profit)
TP1: Next confirmed support
TP2: Lower support zone
TP3: Extended downside target
SL (Stop Loss)
Above confirmed resistance
Liquidity around $82.00 could trigger increased volatility. Watch for a clear rejection, weakening buying pressure, and bearish price action before entering. If sellers regain control, downside continuation may follow.
Stay patient, wait for confirmation, and manage risk carefully.
Let’s watch $SOXL ! 🔻📉
A $1.6511K short liquidation at $82.00 highlights a key level to watch. Traders should monitor this zone for a potential rejection and renewed selling pressure before considering a short position.
EP (Entry Point)
$82.00 — after bearish confirmation
TP (Take Profit)
TP1: Next confirmed support
TP2: Lower support zone
TP3: Extended downside target
SL (Stop Loss)
Above confirmed resistance
Liquidity around $82.00 could trigger increased volatility. Watch for a clear rejection, weakening buying pressure, and bearish price action before entering. If sellers regain control, downside continuation may follow.
Stay patient, wait for confirmation, and manage risk carefully.
Let’s watch $SOXL ! 🔻📉
