$SOXS
- The institutions’ stance points toward a decline
I’m preparing to enter a sell trade when the supply zone is retested, because large traders hold strong sell positions near 37.56. The price rejecting the upper demand zone after buy-side liquidity was withdrawn leaves clear downside targets.
Trend: 🔴 Sell (SHORT)
Entry Zone: 35.20 - 36.20
First Target: 33.00
Second Target: 31.20
Third Target: 29.50
Stop Loss: 37.80
What are your targets for this move?
- The institutions’ stance points toward a decline
I’m preparing to enter a sell trade when the supply zone is retested, because large traders hold strong sell positions near 37.56. The price rejecting the upper demand zone after buy-side liquidity was withdrawn leaves clear downside targets.
Trend: 🔴 Sell (SHORT)
Entry Zone: 35.20 - 36.20
First Target: 33.00
Second Target: 31.20
Third Target: 29.50
Stop Loss: 37.80
What are your targets for this move?
