Congratulation $SOXL TP1 and TP hits and price is moving towards TP 3.
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닥터 카므란 잘랄리
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Bullish$SOXL looks overheated, but the bullish structure is still intact. The real question is whether this pullback gives longs a cleaner entry before the next move.
📈 $SOXL LONG SETUP
On the 15m, 1h and 4h charts, the structure remains bullish with HH/HL alignment. But RSI is stretched at 77.1 on 15m, 89.3 on 1h and 83.6 on 4h, so I'm watching the tight entry zone rather than chasing the move.
🎯 Trade Levels
• Entry: 136.4678 — 136.9048
• TP1: 138.3032
• TP2: 139.5268
• TP3: 141.1001
• SL: 135.2442
⚠️ Key watch: 137.1700 resistance. A clean reclaim can strengthen the setup, while losing 135.2442 invalidates it.
The chart below shows the exact structure and levels I'm watching. If you want to trade alongside my setup, tap the chart/cashtag and set your alerts around the entry zone rather than chasing candles.
This is my own market analysis, not financial advice. High-risk instrument. Always do your own research and manage position size carefully.
#futures
📈 $SOXL LONG SETUP
On the 15m, 1h and 4h charts, the structure remains bullish with HH/HL alignment. But RSI is stretched at 77.1 on 15m, 89.3 on 1h and 83.6 on 4h, so I'm watching the tight entry zone rather than chasing the move.
🎯 Trade Levels
• Entry: 136.4678 — 136.9048
• TP1: 138.3032
• TP2: 139.5268
• TP3: 141.1001
• SL: 135.2442
⚠️ Key watch: 137.1700 resistance. A clean reclaim can strengthen the setup, while losing 135.2442 invalidates it.
The chart below shows the exact structure and levels I'm watching. If you want to trade alongside my setup, tap the chart/cashtag and set your alerts around the entry zone rather than chasing candles.
This is my own market analysis, not financial advice. High-risk instrument. Always do your own research and manage position size carefully.
#futures
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.