๐จ $SOXL REJECTS MID-BAND BOLLINGER AS SELLER PRESSURE HEAVY-HANDS THE BOUNCE! ๐ป
Entry: 102.85 โก
Target: 93.40 ๐ฏ
Stop Loss: 106.00 โ ๏ธ
The bounce into the middle Bollinger Band just ran completely out of gas, leaving buyers exposed as key moving averages slope downward. ๐ MACD attempted a minor tick higher, but momentum flatlined instantly before making any real structural headway.
๐ Order flow shows heavy distribution overhead at 102.85, confirming sellers are aggressively defending this retest. ๐ With the trend aligned firmly downward, path of least resistance points toward a sweep of lower liquidity near 93.40. ๐ฌ Are you loading up short here or waiting for support to break first? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #SOXL #ShortSetup #Trading #Bearish #Crypto
๐ฏ ๐ป
Entry: 102.85 โก
Target: 93.40 ๐ฏ
Stop Loss: 106.00 โ ๏ธ
The bounce into the middle Bollinger Band just ran completely out of gas, leaving buyers exposed as key moving averages slope downward. ๐ MACD attempted a minor tick higher, but momentum flatlined instantly before making any real structural headway.
๐ Order flow shows heavy distribution overhead at 102.85, confirming sellers are aggressively defending this retest. ๐ With the trend aligned firmly downward, path of least resistance points toward a sweep of lower liquidity near 93.40. ๐ฌ Are you loading up short here or waiting for support to break first? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #SOXL #ShortSetup #Trading #Bearish #Crypto
๐ฏ ๐ป
