🔴 #SOXL Liquidated Short: $199K at $164.34
Short sellers just took a serious hit as SOXL pushed through $164.34, forcing $199K in shorts out of the market.
Key Level: $164.34
Upside Trigger: $166.00–$168.00
Support Watch: $160.00–$162.00
SOXL is a 3X daily leveraged semiconductor ETF, so moves in the underlying semiconductor index can be amplified. �
Direxion +1
Next Move: If SOXL holds above $164.34 and buyers reclaim $166, another push higher could develop. A drop back below $160 would weaken the setup and put the recent liquidation move under pressure.
Trade the reaction, not the liquidation alone.
#NFPWatch #BitcoinFundingRateTriplesTo10% #ZcashFalls21%FromSeptemberPeak #USSeptemberPayrollsAdd29KUnemploymentRises4.2% #XRPPostsFirstThreeGreenMonthsInQ3
Short sellers just took a serious hit as SOXL pushed through $164.34, forcing $199K in shorts out of the market.
Key Level: $164.34
Upside Trigger: $166.00–$168.00
Support Watch: $160.00–$162.00
SOXL is a 3X daily leveraged semiconductor ETF, so moves in the underlying semiconductor index can be amplified. �
Direxion +1
Next Move: If SOXL holds above $164.34 and buyers reclaim $166, another push higher could develop. A drop back below $160 would weaken the setup and put the recent liquidation move under pressure.
Trade the reaction, not the liquidation alone.
#NFPWatch #BitcoinFundingRateTriplesTo10% #ZcashFalls21%FromSeptemberPeak #USSeptemberPayrollsAdd29KUnemploymentRises4.2% #XRPPostsFirstThreeGreenMonthsInQ3