$SOXS
is up +20.09% to $44.72. This comes after a downtrend, so the rally could be a relief bounce rather than a trend change. The 24h high is being tested, and sellers are lurking above. A rejection here could send price back toward $42.50 and $40.00.
Trading Plan:
· Entry: $44.70 – $44.75
· Stop Loss: $46.20
· TP1: $42.50
· TP2: $40.50
· TP3: $38.50
👇 Question: Is SOXS resuming its downtrend or reversing higher? Drop your thoughts!
is up +20.09% to $44.72. This comes after a downtrend, so the rally could be a relief bounce rather than a trend change. The 24h high is being tested, and sellers are lurking above. A rejection here could send price back toward $42.50 and $40.00.
Trading Plan:
· Entry: $44.70 – $44.75
· Stop Loss: $46.20
· TP1: $42.50
· TP2: $40.50
· TP3: $38.50
👇 Question: Is SOXS resuming its downtrend or reversing higher? Drop your thoughts!
