📉 $SOXL — SHORT
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: high conviction — this is a full-size setup.
Entry: $68.47 – $68.81
TP1: $67.09 TP2: $65.54 TP3: $63.99
Stop: $70.19
Why SHORT? 5 signals confirm:
• Trend is bearish (below EMA50 & EMA200)
• Sellers have the momentum (RSI 22.9)
• MACD trending bearish
• Strong trend confirmed (ADX 41.8)
• Elevated volume backing the move
Journal note: SOXL
I'm watching SOXL with a short bias because trend is bearish (below EMA50 & EMA200) and sellers have the momentum (RSI 22.9). I want to see price push below the entry zone with sellers maintaining control. The signals are well-aligned — this is a high-conviction setup.
Are you short SOXL? What's your stop?
#SOXL #MundoCripto #Crypto #Trading
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: high conviction — this is a full-size setup.
Entry: $68.47 – $68.81
TP1: $67.09 TP2: $65.54 TP3: $63.99
Stop: $70.19
Why SHORT? 5 signals confirm:
• Trend is bearish (below EMA50 & EMA200)
• Sellers have the momentum (RSI 22.9)
• MACD trending bearish
• Strong trend confirmed (ADX 41.8)
• Elevated volume backing the move
Journal note: SOXL
I'm watching SOXL with a short bias because trend is bearish (below EMA50 & EMA200) and sellers have the momentum (RSI 22.9). I want to see price push below the entry zone with sellers maintaining control. The signals are well-aligned — this is a high-conviction setup.
Are you short SOXL? What's your stop?
#SOXL #MundoCripto #Crypto #Trading
