đš $SOXL EYEING CRUCIAL SUPPLY ZONE RETEST FOR CONTINUATION LOWER đ
Entry: 104.41 - 105.03 âĄ
Target: 99.97 - 97.60 - 95.23 đŻ
Stop Loss: 107.98 đ
đ Institutional distribution is driving 1H market structure lower, leaving an overhead supply imbalance. We are monitoring price action for an inefficiency fill into the 104.41â105.03 pocket before considering short exposure.
đ As downward momentum persists, sell-side liquidity pools rest below the century mark with structural targets extending toward 95.23 for an asymmetric 2.91R profile. Patience remains paramount as confirmation on lower timeframes is required.
đ€ Will this premium supply zone hold the line on a retest, or are you expecting buyers to invalidate the setup? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #SOXL #ShortSetup #Trading #Bearish #MarketStructure
đŻ đŠ
Entry: 104.41 - 105.03 âĄ
Target: 99.97 - 97.60 - 95.23 đŻ
Stop Loss: 107.98 đ
đ Institutional distribution is driving 1H market structure lower, leaving an overhead supply imbalance. We are monitoring price action for an inefficiency fill into the 104.41â105.03 pocket before considering short exposure.
đ As downward momentum persists, sell-side liquidity pools rest below the century mark with structural targets extending toward 95.23 for an asymmetric 2.91R profile. Patience remains paramount as confirmation on lower timeframes is required.
đ€ Will this premium supply zone hold the line on a retest, or are you expecting buyers to invalidate the setup? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #SOXL #ShortSetup #Trading #Bearish #MarketStructure
đŻ đŠ