📉 $SOXSB/USDT Reclaims $55.19: Bears Eyeing a Semis Pullback?

Direxion Semiconductor Bear 3X ETF ($SOXSB) is up +4% on the 1H chart, climbing steadily from the $41.80 low with $1.61M in 24h volume!

Price is holding firmly above all key moving averages (EMA 7, 25, and 99) and Supertrend support ($52.23). A clean break past the $55.95 24h high could signal deeper downside pressure ahead for semiconductor stocks!

Trade the momentum, manage your leverage, and stay sharp. 🎯📊

#SOXSB #Semiconductors