Honestly, don’t get fooled by the shakeout! This 4-hour level squeeze has already swept the shorts once. The direction is now clear: go long. SOXL repeatedly builds up energy in key areas; the long-to-short ratio is clearly tilted toward longs. But don’t rush to bottom-fish— the old playbook of “buy when it drops” has already stopped working.

Right now, volatility is being compressed to extremely low levels. This condition won’t last for long. Once the 4-hour close holds above the key level, the price action will spring out like a tightly stretched spring. Don’t hesitate near the top of the range, and don’t bet on a false breakout. Wait for confirmation signals, then move decisively. If this move goes smoothly, the first target is just an appetizer—there’s still plenty of meat ahead. Remember: the consolidation is temporary; the breakout is the main theme.

🟢 Trading direction: Long
📍 Entry range: 120.46171 – 120.79187
🛑 Stop loss: 115.64749
🎯 Take profit 1: 124.36127
🎯 Take profit 2: 126.85092
🎯 Take profit 3: 130.58540

Gaze at the vastness of the mountains and seas, and observe the subtle changes in the market.
Travel with Uncle Xiong, and see gains and losses under the sky.

#SOXL

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