SHORT signal on $SOXL 🚨
RSI at 27 = oversold, but momentum is STILL bearish on the 1H. Don’t catch the falling knife—ride the slide.
📉 Setup:
Entry: 113.95
SL: 117.44 (tight risk)
TP1: 106.96
TP2: 99.98
Why? Price broke key support, sellers in control. Oversold can stay oversold in a downtrend. Risk/reward = 1:2.5.
🔥 Question: Do you fade oversold bounces or follow the trend? Drop your take below 👇
#SOXL #TradingSignal #ShortSqueeze #CryptoOrStock? #BinanceSquare
RSI at 27 = oversold, but momentum is STILL bearish on the 1H. Don’t catch the falling knife—ride the slide.
📉 Setup:
Entry: 113.95
SL: 117.44 (tight risk)
TP1: 106.96
TP2: 99.98
Why? Price broke key support, sellers in control. Oversold can stay oversold in a downtrend. Risk/reward = 1:2.5.
🔥 Question: Do you fade oversold bounces or follow the trend? Drop your take below 👇
#SOXL #TradingSignal #ShortSqueeze #CryptoOrStock? #BinanceSquare