#SOXS Bears Are Back But Can Momentum Hold?
$SOXS is trading at 34.65, up 8.15%, with 79.53M USDT in 24-hour volume. Price is approaching the 34.92–35.10 resistance zone, where a rejection or breakout could determine the next move.
My trade plan conditional Long
Entry: 33.60–34.10 after a confirmed bounce
Stop Loss: 32.75
TP1: 34.90
TP2: 35.80
TP3: 36.60
What I’m watching: A strong candle close above 35.10 followed by a successful retest could support further upside. If price loses 33.55, I’d reassess the setup rather than force an entry.
Important: SOXS is a leveraged inverse semiconductor ETF, so its exposure and risks differ from ordinary crypto assets. Check the underlying product structure and volatility before trading.
No FOMO, no guaranteed targets. Protect your capital and manage risk. DYOR.
#BitwiseFilesFinalNEARSpotETFProspectus #DogecoinETFsPostBiggestWeekSinceLaunch
$SOXS is trading at 34.65, up 8.15%, with 79.53M USDT in 24-hour volume. Price is approaching the 34.92–35.10 resistance zone, where a rejection or breakout could determine the next move.
My trade plan conditional Long
Entry: 33.60–34.10 after a confirmed bounce
Stop Loss: 32.75
TP1: 34.90
TP2: 35.80
TP3: 36.60
What I’m watching: A strong candle close above 35.10 followed by a successful retest could support further upside. If price loses 33.55, I’d reassess the setup rather than force an entry.
Important: SOXS is a leveraged inverse semiconductor ETF, so its exposure and risks differ from ordinary crypto assets. Check the underlying product structure and volatility before trading.
No FOMO, no guaranteed targets. Protect your capital and manage risk. DYOR.
#BitwiseFilesFinalNEARSpotETFProspectus #DogecoinETFsPostBiggestWeekSinceLaunch
