Guys $SOXS is building up for a potential squeeze here 🚀
Entry: 55.80 - 55.92
🎯 TP1: 57.24
Price is pushing up nicely in a clean trend continuation structure above moving averages. Market positioning is heavily skewed toward shorts, which could fuel the move higher.
As long as support holds around 54.94, I'm eyeing a test of resistance up at 57.24.
Keep an eye on this one 👀
Entry: 55.80 - 55.92
🎯 TP1: 57.24
Price is pushing up nicely in a clean trend continuation structure above moving averages. Market positioning is heavily skewed toward shorts, which could fuel the move higher.
As long as support holds around 54.94, I'm eyeing a test of resistance up at 57.24.
Keep an eye on this one 👀
