$SOXS Short Setup: Rejection at Resistance
$SOXS is hitting a wall around the $44.50 – $45.40 resistance zone following a solid rally, with upside momentum starting to fade.
Entry Zone: $44.00 – $44.60
Immediate Target: $42.80
Take Profit 1 (TP1): $41.50
Final Target: $40.00
Stop Loss (SL): $46.20
As long as price holds below $45.40, the bias remains bearish, looking for a pullback toward $40.00.
$SOXS
#TradersBetOnThreeMoreFedHikes #PatrickWittExitsWhiteHouseCryptoRole
$SOXS is hitting a wall around the $44.50 – $45.40 resistance zone following a solid rally, with upside momentum starting to fade.
Entry Zone: $44.00 – $44.60
Immediate Target: $42.80
Take Profit 1 (TP1): $41.50
Final Target: $40.00
Stop Loss (SL): $46.20
As long as price holds below $45.40, the bias remains bearish, looking for a pullback toward $40.00.
$SOXS
#TradersBetOnThreeMoreFedHikes #PatrickWittExitsWhiteHouseCryptoRole