Guys $SOXS is setting up for a potential continuation higher ⚡
Entry: 56.55 - 56.70
🎯 TP1: 57.80
🎯 TP2: 59.20
Price is pushing above moving averages while nearly 70% of open positions are sitting in shorts. This positioning imbalance gives buyers a clear edge if squeeze momentum builds.
Looking for buyers to clear immediate resistance at 56.69 to keep the trend moving.
Let's see if momentum follows through 👀
Entry: 56.55 - 56.70
🎯 TP1: 57.80
🎯 TP2: 59.20
Price is pushing above moving averages while nearly 70% of open positions are sitting in shorts. This positioning imbalance gives buyers a clear edge if squeeze momentum builds.
Looking for buyers to clear immediate resistance at 56.69 to keep the trend moving.
Let's see if momentum follows through 👀
