๐จ $SOXL RETESTS KEY BREAKOUT ZONE BUT REQUIRES STRICT CONFIRMATION BEFORE ENTRY! ๐
Entry: 116.94 - 117.32 โก
Target 1: 119.53 ๐ฏ
Target 2: 121.83 ๐
Target 3: 123.48 ๐ฅ
Stop Loss: 114.9 โ ๏ธ
Price on $SOXL has rotated back into the 1H demand origin between 116.94 and 117.32, setting up a potential continuation structure. ๐ However, expected value metrics currently sit at -0.34R, signaling that institutional buy-side liquidity has not yet fully committed to defending this level.
๐ For this reason, the setup remains strictly on the watchlist. We need to witness clear lower-timeframe market structure flips and order flow absorption before triggering entries toward upper liquidity pools at 123.48. ๐ก ๐ฌ Are you waiting for a confirmed structural shift, or bidding early at support? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #SOXL #MarketStructure #TradingSetup #LongSetup #Crypto
๐ฏ ๐ฆ
Entry: 116.94 - 117.32 โก
Target 1: 119.53 ๐ฏ
Target 2: 121.83 ๐
Target 3: 123.48 ๐ฅ
Stop Loss: 114.9 โ ๏ธ
Price on $SOXL has rotated back into the 1H demand origin between 116.94 and 117.32, setting up a potential continuation structure. ๐ However, expected value metrics currently sit at -0.34R, signaling that institutional buy-side liquidity has not yet fully committed to defending this level.
๐ For this reason, the setup remains strictly on the watchlist. We need to witness clear lower-timeframe market structure flips and order flow absorption before triggering entries toward upper liquidity pools at 123.48. ๐ก ๐ฌ Are you waiting for a confirmed structural shift, or bidding early at support? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #SOXL #MarketStructure #TradingSetup #LongSetup #Crypto
๐ฏ ๐ฆ
