$SOXL Perp Short Setup 🔻
SOXLUSDT (Direxion Semiconductor Bull 3x) at 111.60, down sharply -6.95% today after a steep drop from the 24h high of 120.01.
📍 Entry: ~111.70
🛑 Stop Loss: 113.45
🎯 TP1: 110.32
🎯 TP2: 108.95
🎯 TP3: 107.57
Heavy selling pressure across the board Today -5.13%, 7D -9.84%, 30D -20.63%, 90D -58.90%. This is a leveraged bull ETF getting crushed, so moves are amplified in both directions size accordingly.
⚠️ Not financial advice. Leveraged products carry high risk. Manage size and respect your stop.
$SOXL #Semiconductors #short
SOXLUSDT (Direxion Semiconductor Bull 3x) at 111.60, down sharply -6.95% today after a steep drop from the 24h high of 120.01.
📍 Entry: ~111.70
🛑 Stop Loss: 113.45
🎯 TP1: 110.32
🎯 TP2: 108.95
🎯 TP3: 107.57
Heavy selling pressure across the board Today -5.13%, 7D -9.84%, 30D -20.63%, 90D -58.90%. This is a leveraged bull ETF getting crushed, so moves are amplified in both directions size accordingly.
⚠️ Not financial advice. Leveraged products carry high risk. Manage size and respect your stop.
$SOXL #Semiconductors #short
