The market is bleeding while they sleep, but I am setting up the ultimate trap! 💀
Look at $SOXL right now. Total traders positions sit at 56.30M across 450 traders with an 11.03% Notional Long / Short Ratio. Right now, 152 traders are holding 5.59M in profit with an average entry price of 126.86, pulling a green +318,854.00 unrealized PnL (48.02% profitable). Meanwhile, 298 traders are trapped in absolute despair holding 50.70M in loss with an average entry price of 129.35, bleeding -1,952,489.67 unrealized PnL (46.97% profitable). Volume shows 79 traders buying 755.97K against 72 sellers moving 4.38M. I am positioning myself strategically based on these smart money flows.
* **Setup**: $SOXL Perpetual
* **Direction**: I am entering short to exploit the heavy downside pressure.
* **Entry Zone**: 128.50 - 130.00
* **TP1**: 125.00
* **TP2**: 121.00
* **TP3**: 116.00
* **Stop Loss**: 133.50
Look at $SOXL right now. Total traders positions sit at 56.30M across 450 traders with an 11.03% Notional Long / Short Ratio. Right now, 152 traders are holding 5.59M in profit with an average entry price of 126.86, pulling a green +318,854.00 unrealized PnL (48.02% profitable). Meanwhile, 298 traders are trapped in absolute despair holding 50.70M in loss with an average entry price of 129.35, bleeding -1,952,489.67 unrealized PnL (46.97% profitable). Volume shows 79 traders buying 755.97K against 72 sellers moving 4.38M. I am positioning myself strategically based on these smart money flows.
* **Setup**: $SOXL Perpetual
* **Direction**: I am entering short to exploit the heavy downside pressure.
* **Entry Zone**: 128.50 - 130.00
* **TP1**: 125.00
* **TP2**: 121.00
* **TP3**: 116.00
* **Stop Loss**: 133.50
