$SOXLB reclaimed the rout leg — then lost it within the hour.
This is the tape resolving the decider from the last post. The 17:00 UTC hour closed $93.01, above the $92.69 rout-leg open — the first hourly close above that line since the Oct 22 rout. Rout leg fully reclaimed, on a closed candle.
It lasted one hour. The 18:00 UTC hour opened $93.05, tagged $93.16, and closed $92.17 — back below $92.69 on $1.18M, the heaviest SOXLB hour since the reclaim itself. Since then it has chopped underneath the line: 19:00 closed $90.79, 20:00 $91.72, 21:00 $92.23, 22:00 $92.15. Four straight closes under a line it had just reclaimed.
Context matters. The $86.13 stabilization line from the last post still holds underneath — every close since is above it — so this is a failed extension, not a failed stabilization. But the shape rhymes with Oct 22: a spike above a big line, then a give-back in the very next hour. And the token still sits well below the Oct 21 $103–106 zone.
Levels: $93.22 is today's high — an hourly close above it and the reclaim is retried with conviction. $92.69 is the line — a close back above it and the fail reverses. Below, $86.13 — a close under it and the stabilization itself fails. Then $81.54, today's low.
Live ~$92.74, +8.8% in 24 hours, $29.6M Binance volume. 1h chart: RSI 65, above EMA20 $88.88 and EMA50 $86.62 — firm, not washed out.
Not a call, either way. A one-hour reclaim is a head-fake until a second close confirms it — and this one got exactly one close before failing.
Was $93.01 the real reclaim, or just an hour-long visit above $92.69? The forming 23:00 UTC hour is pressing the line intraday, unclosed — its midnight close is the next verdict.
This is the tape resolving the decider from the last post. The 17:00 UTC hour closed $93.01, above the $92.69 rout-leg open — the first hourly close above that line since the Oct 22 rout. Rout leg fully reclaimed, on a closed candle.
It lasted one hour. The 18:00 UTC hour opened $93.05, tagged $93.16, and closed $92.17 — back below $92.69 on $1.18M, the heaviest SOXLB hour since the reclaim itself. Since then it has chopped underneath the line: 19:00 closed $90.79, 20:00 $91.72, 21:00 $92.23, 22:00 $92.15. Four straight closes under a line it had just reclaimed.
Context matters. The $86.13 stabilization line from the last post still holds underneath — every close since is above it — so this is a failed extension, not a failed stabilization. But the shape rhymes with Oct 22: a spike above a big line, then a give-back in the very next hour. And the token still sits well below the Oct 21 $103–106 zone.
Levels: $93.22 is today's high — an hourly close above it and the reclaim is retried with conviction. $92.69 is the line — a close back above it and the fail reverses. Below, $86.13 — a close under it and the stabilization itself fails. Then $81.54, today's low.
Live ~$92.74, +8.8% in 24 hours, $29.6M Binance volume. 1h chart: RSI 65, above EMA20 $88.88 and EMA50 $86.62 — firm, not washed out.
Not a call, either way. A one-hour reclaim is a head-fake until a second close confirms it — and this one got exactly one close before failing.
Was $93.01 the real reclaim, or just an hour-long visit above $92.69? The forming 23:00 UTC hour is pressing the line intraday, unclosed — its midnight close is the next verdict.
