$SOXS Still Facing Strong Rejection Below $60
Bulls pushed the price towards 58.60 but sellers are still defending the upper zone.
As long as 58.60 – 60 resistance holds, I see a possible correction towards 53 – 51.60 and even 48.
A clean breakout above 60 could bring another bullish rally.
Still looking weak near resistance ... Watch the next move carefully.
Trade on $SOXS
Bulls pushed the price towards 58.60 but sellers are still defending the upper zone.
As long as 58.60 – 60 resistance holds, I see a possible correction towards 53 – 51.60 and even 48.
A clean breakout above 60 could bring another bullish rally.
Still looking weak near resistance ... Watch the next move carefully.
Trade on $SOXS
