📉 $SOXL /USDT Trade Setup (1H Chart)
After a top rejection ($143.28), there has been a sharp correction. Price is currently trading below MA7 ($138.48) and is retesting the mid-support level.
Current Price: ~$134.61
Trend: Pullback in Overall Uptrend
🎯 Trade Setup (Pullback Long):
Entry Zone: $128.00 – $131.00 (Bollinger Middle Band / MA25 support zone)
Stop Loss (SL): $125.00 (Below the support level)
Take Profit 1 (TP1): $138.50 (MA7 resistance)💰💵
Take Profit 2 (TP2): $143.00 (Recent top high)💵💰
⚡ Pro Tip: Wait for the complete drop to finish. Only after a bullish reversal candle forms in the $128-$130 zone will entry be risk-free!🎉🤑
#SOXLUSDT #Binance #Write2Earn #TradingSignal
After a top rejection ($143.28), there has been a sharp correction. Price is currently trading below MA7 ($138.48) and is retesting the mid-support level.
Current Price: ~$134.61
Trend: Pullback in Overall Uptrend
🎯 Trade Setup (Pullback Long):
Entry Zone: $128.00 – $131.00 (Bollinger Middle Band / MA25 support zone)
Stop Loss (SL): $125.00 (Below the support level)
Take Profit 1 (TP1): $138.50 (MA7 resistance)💰💵
Take Profit 2 (TP2): $143.00 (Recent top high)💵💰
⚡ Pro Tip: Wait for the complete drop to finish. Only after a bullish reversal candle forms in the $128-$130 zone will entry be risk-free!🎉🤑
#SOXLUSDT #Binance #Write2Earn #TradingSignal