Guys $SOXS is showing a rejection setup near resistance ⚡
Entry: 51.60 - 51.70
🎯 TP1: 51.02
🎯 TP2: 50.40
Price bumped directly into overhead resistance at 51.80 and immediately stalled. Overall moving averages remain bearish, favoring sellers if resistance holds.
If sellers keep control here, a retest of support near 51.02 looks realistic.
Watching for further rejection signals 👀
Entry: 51.60 - 51.70
🎯 TP1: 51.02
🎯 TP2: 50.40
Price bumped directly into overhead resistance at 51.80 and immediately stalled. Overall moving averages remain bearish, favoring sellers if resistance holds.
If sellers keep control here, a retest of support near 51.02 looks realistic.
Watching for further rejection signals 👀