đš $SOXL TAPS OVERHEAD SUPPLY ZONE AS INSTITUTIONAL SELLERS DEFEND PREMIUM PRICING! đ
Entry: 128 â 134 âĄ
Target: 125 â 120 đŻ
Stop Loss: 136 đ
Price action on $SOXL is testing a prominent supply block between 128 and 134, where previous distribution left notable structural inefficiencies below. đ Smart money appears poised to cap upside momentum here as sell-side liquidity gathers toward discount territory.
A sustained rejection across this upper boundary confirms momentum exhaustion, unlocking a high-probability rotation into our downside targets. đ
đŹ Are you positioning for this distribution sweep, or do you expect buyers to absorb the supply? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #SOXL #ShortSetup #PriceAction #MarketStructure
đŻ đŠ
Entry: 128 â 134 âĄ
Target: 125 â 120 đŻ
Stop Loss: 136 đ
Price action on $SOXL is testing a prominent supply block between 128 and 134, where previous distribution left notable structural inefficiencies below. đ Smart money appears poised to cap upside momentum here as sell-side liquidity gathers toward discount territory.
A sustained rejection across this upper boundary confirms momentum exhaustion, unlocking a high-probability rotation into our downside targets. đ
đŹ Are you positioning for this distribution sweep, or do you expect buyers to absorb the supply? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #SOXL #ShortSetup #PriceAction #MarketStructure
đŻ đŠ