$SOXS Current price 29.3400, 24h -0.7% — at this level I’m going short. No hesitation.
My order: short around 29.5200 on the bounce. Stop-loss 29.9184. First target 28.6300.
Note: If it breaks 28.7800 first and then bounces back, it means the selling pressure is still there—so you can follow in without waiting for a rebound.
Based on: the 2-hour moving average is above by 0.5%, sitting at 63% within the 24-hour range, with the funding rate +0.0000%.
If, on the 15-minute chart, you see a high-volume reverse long lower wick that rejects and closes back below the key level, it indicates a pin-pull shakeout—this view is then invalid.
If you want to trade, tap the card below directly: $SOXS to see the live price—this is the price right now.