Looking at $SOXLB on the 1D. Support at 100.20 is within one 1D ATR. The 1D structure on $SOXLB still points down: price 103.14 under EMA20 119.38 and EMA50 128.31. Bounces into the EMA20 have been sold so far.
Through 128.57, the next reference is 133.85.
Below 100.20, the chart points to 86.16.
Net: sellers still control the 1D.
For scale, $ETH sits at +3.11%; $INJ is the nearest comparable at +1.68%.
Through 128.57, the next reference is 133.85.
Below 100.20, the chart points to 86.16.
Net: sellers still control the 1D.
For scale, $ETH sits at +3.11%; $INJ is the nearest comparable at +1.68%.