$SOXL (NASDAQ) — The $2.47K long liquidation at $64.80 indicates selling pressure from liquidated long positions. SOXL is trading near $62.82, with bearish momentum and a weak technical outlook. RSI is around 40, while the broader trend remains under pressure. OHLCX Markets +2
EP: $61.50–$63.00 (Long only after bullish confirmation) TP1: $64.80 TP2: $67.50 TP3: $70.00 SL: $59.50
A recovery above $64.80 could support further upside. A breakdown below $59.50 may extend the downside. Wait for confirmation and manage risk carefully. SOXL is a leveraged 3x ETF, so volatility and risk are significantly higher.
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EP: $61.50–$63.00 (Long only after bullish confirmation) TP1: $64.80 TP2: $67.50 TP3: $70.00 SL: $59.50
A recovery above $64.80 could support further upside. A breakdown below $59.50 may extend the downside. Wait for confirmation and manage risk carefully. SOXL is a leveraged 3x ETF, so volatility and risk are significantly higher.
#MSCIRemovalMayCurbStrategy’sBitcoinBuying $SOXL
