$SOXL Stay short

The current structure indicates a bearish consolidation phase. Without strong volume to break through resistance, the current downtrend may resume, making shorting rallies the higher-probability trading strategy.

$SOXL Short setup

· Short entry: 49–52 (wait for a retest of the resistance zone)
· Stop-loss (SL): Above 55
· Take-profit (TP): 43 (recent low), 38 (macro bottom)

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