$SOXSB

VIP SIGNAL | BULLISH CONTINUATION

Current Price: $52.92
Market Bias: Bullish
Timeframe: 15-Minute

EP (Entry Price): $52.40–$52.80
TP1 (Take Profit): $53.40
TP2 (Take Profit): $53.80
TP3 (Take Profit): $54.50
SL (Stop Loss): $51.90

Technical Analysis:

SOXSB is maintaining a strong short-term bullish structure, climbing from approximately $45.60 to a recent high of $53.41. The sequence of higher highs and higher lows shows that buyers remain in control, although price is now consolidating near a key resistance zone.

Momentum remains positive following the sharp upward breakout. A confirmed move above $53.41 could attract further buying and push price toward $53.80 and $54.50, while rejection could trigger a pullback toward the $52.40–$52.00 support area.

Execution Plan: Favor long entries on a controlled pullback that holds above $52.40, or after a confirmed breakout above $53.41. Avoid chasing the current price directly into resistance. A move below $51.90 invalidates this bullish setup.

$SOXSB
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