$SOXL 🔴 (SELL)
ENTRY: 92.100
STOP: 94.424
• TP1: 89.776
• TP2: 87.451
• TP3: 85.127
💡 Tip: after reaching the first take-profit, move the stop-loss to breakeven.
SOXL sellers have a technical opportunity to extend the move. I would assess it based on whether the level holds, rather than the initial reaction.
Market setup rating: 72/100. There is potential, but a protective stop-loss remains essential. ⚡ Moderate risk (2.52%): stay disciplined.
Support at 93.160 failed to withstand market pressure, forming a retest of resistance. Risk to stop: 2.52%. Confluences: 1h, 8h, 12h, 1d. ATR(14): 3.3086.
⚖️ Volume is within normal range (0.2×).
📊 Trade wisely — subscribe to the channel and stay on top of the market!
Markets are dynamic and unpredictable. Assess your risk tolerance and trade only with disposable capital.
#SOXL #SOXLNews $SOXL 👈 Click to trade
ENTRY: 92.100
STOP: 94.424
• TP1: 89.776
• TP2: 87.451
• TP3: 85.127
💡 Tip: after reaching the first take-profit, move the stop-loss to breakeven.
SOXL sellers have a technical opportunity to extend the move. I would assess it based on whether the level holds, rather than the initial reaction.
Market setup rating: 72/100. There is potential, but a protective stop-loss remains essential. ⚡ Moderate risk (2.52%): stay disciplined.
Support at 93.160 failed to withstand market pressure, forming a retest of resistance. Risk to stop: 2.52%. Confluences: 1h, 8h, 12h, 1d. ATR(14): 3.3086.
⚖️ Volume is within normal range (0.2×).
📊 Trade wisely — subscribe to the channel and stay on top of the market!
Markets are dynamic and unpredictable. Assess your risk tolerance and trade only with disposable capital.
#SOXL #SOXLNews $SOXL 👈 Click to trade