$SOXL Clearly bearish
As long as the price stays below 79, the main trend remains bearish, maintaining a structure of lower highs.
The 15-minute chart shows strong selling momentum after the price was rejected at 79, indicating that sellers are actively defending higher levels. The 65–66 area remains a key structural support zone to watch.
$SOXL Short Trade Plan
· Short entry: 74–77 (wait for a bounce)
· Stop-loss: Above 81
· Take profit: 70 and 66
Support me by trading here 👇$SOXL
As long as the price stays below 79, the main trend remains bearish, maintaining a structure of lower highs.
The 15-minute chart shows strong selling momentum after the price was rejected at 79, indicating that sellers are actively defending higher levels. The 65–66 area remains a key structural support zone to watch.
$SOXL Short Trade Plan
· Short entry: 74–77 (wait for a bounce)
· Stop-loss: Above 81
· Take profit: 70 and 66
Support me by trading here 👇$SOXL
