š» $SOXLB SHORT SETUP š“
Sellers are stepping in ā here's the setup. ā”
SOXLB has experienced a substantial -9.498% depreciation over the last 24 hours, supported by significant trading volume, unequivocally signaling strong bearish momentum. This decisive breakdown suggests further downside potential as sellers maintain control, making a short entry attractive at current levels.
š 24h: -9.50% | Vol: $16,854,062
Trade Plan
Entry: 93.28
Stop Loss: 95.24
TP1: 91.9
TP2: 90.95
TP3: 90.0
āļø Risk:Reward (TP1) ā 1:0.7
Trigger:
Awaiting confirmation of continued weakness as SOXLB struggles to reclaim recent support levels, indicating persistent selling pressure below the 93.00 handle.
Risk Note:
Cryptocurrency trading involves substantial risk of loss and is not suitable for every investor. Past performance is not indicative of future results; only trade with capital you are prepared to lose.
Where do you see this heading? š
#SOXLB #soxlb
Sellers are stepping in ā here's the setup. ā”
SOXLB has experienced a substantial -9.498% depreciation over the last 24 hours, supported by significant trading volume, unequivocally signaling strong bearish momentum. This decisive breakdown suggests further downside potential as sellers maintain control, making a short entry attractive at current levels.
š 24h: -9.50% | Vol: $16,854,062
Trade Plan
Entry: 93.28
Stop Loss: 95.24
TP1: 91.9
TP2: 90.95
TP3: 90.0
āļø Risk:Reward (TP1) ā 1:0.7
Trigger:
Awaiting confirmation of continued weakness as SOXLB struggles to reclaim recent support levels, indicating persistent selling pressure below the 93.00 handle.
Risk Note:
Cryptocurrency trading involves substantial risk of loss and is not suitable for every investor. Past performance is not indicative of future results; only trade with capital you are prepared to lose.
Where do you see this heading? š
#SOXLB #soxlb