$SOXL Short 50x | Supply reaction is the entire edge here.
SOXL finally reached the zone I mapped out for this move. Position is live, and it dies the moment supply fails to hold this level.
Trade Plan:
- Entry: 108.39000 – 108.73000
- TP1: 107.33000 (R:R 1:0.8)
- TP2: 106.52000 (R:R 1:1.3)
- TP3: 105.29000 (R:R 1:2.0)
- SL: 110.19000
Why this setup?
- The setup isn't random: 4h structure is stacked against upside while 1D stays trapped in a 108.39000–108.73000 range.
- 15m RSI at 21 leaves room for a leg down, but only if sellers defend the zone without hesitation.
- Volume confirms the move: 4.00x pace with 107.53K traded versus 26.88K expected—enough fuel if the reaction is clean.
My call. Your execution..
Trade here 👇 and If price stalls here, do you lock in the short or let it breathe for the full move?
SOXL finally reached the zone I mapped out for this move. Position is live, and it dies the moment supply fails to hold this level.
Trade Plan:
- Entry: 108.39000 – 108.73000
- TP1: 107.33000 (R:R 1:0.8)
- TP2: 106.52000 (R:R 1:1.3)
- TP3: 105.29000 (R:R 1:2.0)
- SL: 110.19000
Why this setup?
- The setup isn't random: 4h structure is stacked against upside while 1D stays trapped in a 108.39000–108.73000 range.
- 15m RSI at 21 leaves room for a leg down, but only if sellers defend the zone without hesitation.
- Volume confirms the move: 4.00x pace with 107.53K traded versus 26.88K expected—enough fuel if the reaction is clean.
My call. Your execution..
Trade here 👇 and If price stalls here, do you lock in the short or let it breathe for the full move?
