🔴 $SOXL — Short Setup

#SOXLUSDT is at $125.93 (-18.77%). The bearish signal is strong: price is below MA(7) $143.22 and MA(25) $132.25, while the Supertrend is also far above price. But $125.93 is close to the 24h low, so I would avoid chasing.

MA(7): 143.22

MA(25): 132.25

Supertrend: 195.00 🔴

24h High: 155.96

24h Low: 125.93

Preferred entry: $130–133 on rejection
TP1: $125.90
TP2: $118–120
TP3: $106.10
SL: $136.50

🔻 Confirmation: Rejection from $130–133 + break below $125.90.

⚠️ #FutureTradingSignals