#soxssignals
soxssignals
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📉 $SOXS Short Setup — Resistance Rejection
$SOXS is testing 45.29 resistance after a strong rally. Price is above MA(7/25/99), so the short is counter-trend and needs confirmation.
Key levels to watch:
Resistance: 45.29 – 45.55
A clean break above 45.55 invalidates the short setup.
Support: 44.41 – 43.27
A breakdown below 43.27 with strong volume could trigger further downside.
Stay patient and wait for breakdown confirmation before entering.
🔻 Short and Trade #SOXSsignals
$SOXS is testing 45.29 resistance after a strong rally. Price is above MA(7/25/99), so the short is counter-trend and needs confirmation.
Key levels to watch:
Resistance: 45.29 – 45.55
A clean break above 45.55 invalidates the short setup.
Support: 44.41 – 43.27
A breakdown below 43.27 with strong volume could trigger further downside.
Stay patient and wait for breakdown confirmation before entering.
🔻 Short and Trade #SOXSsignals
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