🚀 $SOXS / USDT Breakout Update: Momentum Recovering Strong! 📈
After bouncing off the $48.25 low, $SOXS showed strong bullish momentum, peaking at $58.60. Following a healthy consolidation back to test local support, buyers have stepped back in, currently pushing prices around $56.64 (+16.83%).
📊 Key Technical Levels:
• Current Price: $56.64
• Immediate Resistance: $58.60
• Key Support: $54.56 – $54.92 (Supertrend zone)
• 24h Range: $48.31 – $58.60
Moving averages (MA7 & MA25) are pointing up while price action remains above the Supertrend line, indicating that bulls are retaining short-term control. A breakout above $58.60 could unlock another leg higher! 🚀
Are you taking a position or waiting for a retest of support? Let’s hear your strategy below! 👇
#SOXS #CryptoTrading #BinanceSquare #TechnicalAnalysis #altcoins $SOXS
After bouncing off the $48.25 low, $SOXS showed strong bullish momentum, peaking at $58.60. Following a healthy consolidation back to test local support, buyers have stepped back in, currently pushing prices around $56.64 (+16.83%).
📊 Key Technical Levels:
• Current Price: $56.64
• Immediate Resistance: $58.60
• Key Support: $54.56 – $54.92 (Supertrend zone)
• 24h Range: $48.31 – $58.60
Moving averages (MA7 & MA25) are pointing up while price action remains above the Supertrend line, indicating that bulls are retaining short-term control. A breakout above $58.60 could unlock another leg higher! 🚀
Are you taking a position or waiting for a retest of support? Let’s hear your strategy below! 👇
#SOXS #CryptoTrading #BinanceSquare #TechnicalAnalysis #altcoins $SOXS
