SOXS order-book momentum is already fading—the spot bids are only 80% of the asks, and there isn't enough buying support. The bears are in the driver's seat. It's down 1.54% over four hours, and the price can't reclaim the MA50. Any bounce is a chance to get out, not a signal to buy the dip. Don't wait until the guillotine falls to regret it: short at 32.45, with a first target of 31.00 and a stop-loss at 33.80. Set your stop before entering—your life matters more than the thrill.