The BTC strategy setup from the previous round played out as expected, and profits have been locked in. This isn’t confirmation—the unusual price action is speaking for itself. On the four-hour chart, $SOXL has formed consecutive upper wicks near the end of the rebound, while volume has steadily declined. This shows that real selling pressure exists overhead, and buyers chasing the rally are clearly unable to keep it going.
Structurally, price has returned to the lower edge of a previous high-volume trading zone—a level where bears can regain the initiative. The moving averages are starting to flatten and turn down, and each rebound high is lower than the last, pointing to a bearish rhythm. I don’t try to call tops; I follow the signals the structure provides. The weaker the rebound, the more downside risk builds up.
🔴 Trade direction: Short
📍 Entry range: 100.00 – 105.00
🛑 Stop loss: 106.00
🎯 Take profit 1: 94.00
🎯 Take profit 2: 90.00
Take in the vastness of mountains and seas; observe the market’s finer details.
Walk alongside Uncle Xiong and witness the gains and losses of the world.
#SOXL
Click below to trade 👇
Structurally, price has returned to the lower edge of a previous high-volume trading zone—a level where bears can regain the initiative. The moving averages are starting to flatten and turn down, and each rebound high is lower than the last, pointing to a bearish rhythm. I don’t try to call tops; I follow the signals the structure provides. The weaker the rebound, the more downside risk builds up.
🔴 Trade direction: Short
📍 Entry range: 100.00 – 105.00
🛑 Stop loss: 106.00
🎯 Take profit 1: 94.00
🎯 Take profit 2: 90.00
Take in the vastness of mountains and seas; observe the market’s finer details.
Walk alongside Uncle Xiong and witness the gains and losses of the world.
#SOXL
Click below to trade 👇