đ $SOXL TESTING OVERHEAD RESISTANCE AS BEARS EYE A POTENTIAL BREAKDOWN SETUP! đ»
Entry: 94.11 - 94.25 âĄ
Target: 93.48, 93.16, 92.23 đŻ
Stop Loss: 94.75 đ
đ The 1H trend is pressing directly into seller supply between 94.11 and 94.25, setting up a sharp test of buyer resolve. Distribution signals are creeping in as momentum stalls right against overhead resistance.
đ While the visual structure outlines clean downside targets down to 92.23, estimated expectancy sits at -0.12R, making patience and strict confirmation vital on the watchlist. đ€ Are you fading this resistance zone immediately, or waiting for confirmed breakdown volume below 94.11?
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #SOXL #ShortSetup #Trading #Breakdown #TechnicalAnalysis
đ» đ
Entry: 94.11 - 94.25 âĄ
Target: 93.48, 93.16, 92.23 đŻ
Stop Loss: 94.75 đ
đ The 1H trend is pressing directly into seller supply between 94.11 and 94.25, setting up a sharp test of buyer resolve. Distribution signals are creeping in as momentum stalls right against overhead resistance.
đ While the visual structure outlines clean downside targets down to 92.23, estimated expectancy sits at -0.12R, making patience and strict confirmation vital on the watchlist. đ€ Are you fading this resistance zone immediately, or waiting for confirmed breakdown volume below 94.11?
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #SOXL #ShortSetup #Trading #Breakdown #TechnicalAnalysis
đ» đ