Downward pressure persists as the market struggles to recover following a sharp daily retracement, leaving buyers testing crucial intraday support levels.
$SOXL – SHORT
Entry: 112.20–112.26
SL: 114.10
TP1: 111.90
TP2: 111.10
TP3: 110.32
Bearish momentum remains dominant across recent sessions with persistent selling pressure holding prices near session lows. Price action continues to respect lower resistance boundaries, making a continuation toward deeper support highly probable.
$SOXL – SHORT
Entry: 112.20–112.26
SL: 114.10
TP1: 111.90
TP2: 111.10
TP3: 110.32
Bearish momentum remains dominant across recent sessions with persistent selling pressure holding prices near session lows. Price action continues to respect lower resistance boundaries, making a continuation toward deeper support highly probable.
