The structural analysis of that previous round of ARB has been completed as expected for profit realization. Behind the appearance of accumulation, there are often the real traps. $SOXL The current chart looks more and more like a textbook-style upside-momentum trap. On the four-hour timeframe, there have been consecutive upper-wick candles, yet trading volume keeps shrinking gradually during the rebound. This price-volume divergence suggests that chasing breakout funds are running out of steam. Key levels are repeatedly tested but cannot be broken through effectively, and the shorts’ defense along the upper boundary of the range is very firm.

Although there may still be some momentum pushing upward in the short term, that would only provide a safe buffer for short positions. I prefer to place short entries near the pressure zone. The logic is simple: the rebound is on shrinking volume, the signs of sluggish movement are clear, and the downward structure has not been broken. In this situation, it’s better not to bet on a breakout—just follow the main trend.

🔴 Trading direction: Short
📍 Entry range: 125.99 – 127.98
🛑 Stop loss: 128.98
🎯 Take profit 1: 123.99
🎯 Take profit 2: 121.99

No need to chase the trend—those opportunities will always stay there.
Stand shoulder to shoulder with Sister Li, and let every inch of time echo back.

#SOXL

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