#SOXLUSDT 🚀 $SOXL — UP FROM $65.47, ALREADY +19%! BUT WHERE’S THE NEXT IMPULSE?
SOXL continues its recovery after sweeping Sell-Side Liquidity at $65.47. Buyer-side Delivery remains intact, but significant resistance lies ahead.
📊 BIAS: locally BULLISH / HTF BEARISH.
🎯 PLAN A — LONG
• Entry: $76.90–77.50 (only after M5 confirmation). • SL: below $74.98, accounting for the local M5 swing low. • TP1: $79.29 • TP2: $81.06 • TP3: $82.50–82.90
Entry conditions: Liquidity Sweep → MSS → Displacement → FVG/IFVG Retest on M5.
🔴 PLAN B — SHORT
Watch zone: $79.29–81.06.
If the market sweeps BSL and forms a Bearish MSS on M5, we’ll consider a SHORT.
NARRATIVE: A: SSL at $65.47 has been swept. B: the next target is BSL at $79.29–81.06. C: a break below $74.98 would weaken the local bullish scenario.
⚠️ WAIT for now! Don’t chase price after an impulse. POI is not an Entry. Confirmation first, then a trade.
Which scenario will play out: a continuation higher toward $82.50 or a reversal from the upper liquidity?
#SOXL #TradingPlan #CryptoTrading #Liquidity #BinanceSquare
$SOXL
SOXL continues its recovery after sweeping Sell-Side Liquidity at $65.47. Buyer-side Delivery remains intact, but significant resistance lies ahead.
📊 BIAS: locally BULLISH / HTF BEARISH.
🎯 PLAN A — LONG
• Entry: $76.90–77.50 (only after M5 confirmation). • SL: below $74.98, accounting for the local M5 swing low. • TP1: $79.29 • TP2: $81.06 • TP3: $82.50–82.90
Entry conditions: Liquidity Sweep → MSS → Displacement → FVG/IFVG Retest on M5.
🔴 PLAN B — SHORT
Watch zone: $79.29–81.06.
If the market sweeps BSL and forms a Bearish MSS on M5, we’ll consider a SHORT.
NARRATIVE: A: SSL at $65.47 has been swept. B: the next target is BSL at $79.29–81.06. C: a break below $74.98 would weaken the local bullish scenario.
⚠️ WAIT for now! Don’t chase price after an impulse. POI is not an Entry. Confirmation first, then a trade.
Which scenario will play out: a continuation higher toward $82.50 or a reversal from the upper liquidity?
#SOXL #TradingPlan #CryptoTrading #Liquidity #BinanceSquare
$SOXL
