🚨 $SOXL HITS A BRICK WALL AT $69 AS SELLERS PREPARE FOR A DEEP FLUSH 📉
Entry: 61.00 – 63.00 ⚡
Target: 48.00 🚀
Stop Loss: 70.39 ⚠️
Sellers built an ironclad order block right around the $69 resistance barrier, completely suffocating the late-stage breakout momentum. Price action is already curling over as distribution kicks in across the tape. 📊
We are eyeing a clean relief bounce into the low sixties to reload shorts before the liquidation cascade targets the $48 floor. ⚡
Are you fading this relief bounce or waiting for confirmation below range? 💬 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SOXL #ShortSetup #Bearish #Trading #Crypto
📉 🦈
Entry: 61.00 – 63.00 ⚡
Target: 48.00 🚀
Stop Loss: 70.39 ⚠️
Sellers built an ironclad order block right around the $69 resistance barrier, completely suffocating the late-stage breakout momentum. Price action is already curling over as distribution kicks in across the tape. 📊
We are eyeing a clean relief bounce into the low sixties to reload shorts before the liquidation cascade targets the $48 floor. ⚡
Are you fading this relief bounce or waiting for confirmation below range? 💬 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SOXL #ShortSetup #Bearish #Trading #Crypto
📉 🦈
