đš $SOXL FACES HEAVY SUPPLY REJECTION AT 104 AS INSTITUTIONAL ORDER FLOW TURNS BEARISH đ
Entry: 99.00 - 100.00 âĄ
Target: 96.00 đŻ
Stop Loss: 102.50 đ
đ Price met aggressive distribution inside the $104â$105 overhead supply cluster, leaving behind a clear institutional rejection wick. Sellers are now actively pressing price lower, shifting lower timeframe structure into a defensive posture.
đ Sustained acceptance beneath the $99.00â$100.00 block opens path toward the $96.00 liquidity pocket, with a 1H close below $98.00 confirming momentum expansion. Note that an impulsive recovery back above $102.00 completely invalidates this bearish posture.
đŹ Are you positioning short on this breakdown or waiting for a liquidity grab above supply? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #SOXL #ShortSetup #PriceAction #MarketStructure
đŻ đŠ
Entry: 99.00 - 100.00 âĄ
Target: 96.00 đŻ
Stop Loss: 102.50 đ
đ Price met aggressive distribution inside the $104â$105 overhead supply cluster, leaving behind a clear institutional rejection wick. Sellers are now actively pressing price lower, shifting lower timeframe structure into a defensive posture.
đ Sustained acceptance beneath the $99.00â$100.00 block opens path toward the $96.00 liquidity pocket, with a 1H close below $98.00 confirming momentum expansion. Note that an impulsive recovery back above $102.00 completely invalidates this bearish posture.
đŹ Are you positioning short on this breakdown or waiting for a liquidity grab above supply? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #SOXL #ShortSetup #PriceAction #MarketStructure
đŻ đŠ