🚨 $SOXL BEARS EYEING CRUCIAL SUPPLY REJECTION AS 1H STRUCTURE WEAKENS! 📉
Entry: 90.56–90.72 ⚡
Target: 86.73 / 85.88 / 85.04 🎯
Stop Loss: 93.07 ⚠️
📌 The 1H timeframe is flashing a clean directional shift, with overhead supply stacking up right around the 90.56–90.72 zone. 🔍 Sellers are waiting to hammer any weak push into this resistance block, but discipline is key before stepping in front of the tape.
📊 Lower timeframe confirmation on the 15M chart is still incomplete, meaning patience will protect your capital. 💡 Let price sweep into the planned zone and confirm seller exhaustion before pulling the trigger on this rotation.
💬 Are you waiting for the clean retest at 90.70 or fading this weakness early? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SOXL #ShortSetup #PriceAction #Trading
🎯 🐻
Entry: 90.56–90.72 ⚡
Target: 86.73 / 85.88 / 85.04 🎯
Stop Loss: 93.07 ⚠️
📌 The 1H timeframe is flashing a clean directional shift, with overhead supply stacking up right around the 90.56–90.72 zone. 🔍 Sellers are waiting to hammer any weak push into this resistance block, but discipline is key before stepping in front of the tape.
📊 Lower timeframe confirmation on the 15M chart is still incomplete, meaning patience will protect your capital. 💡 Let price sweep into the planned zone and confirm seller exhaustion before pulling the trigger on this rotation.
💬 Are you waiting for the clean retest at 90.70 or fading this weakness early? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SOXL #ShortSetup #PriceAction #Trading
🎯 🐻