🚨 $SOXS RETRACING INTO 1H SUPPLY ZONE FOR A POTENTIAL SHORT CONTINUATION! 📉

Entry: 49.30 - 49.46 ⚡
Target: 48.84 - 47.66 🎯
Stop Loss: 49.74 ⚠️

📌 Sellers are keeping a firm grip on $SOXS as price retraces within an established 1H bearish trend structure. The supply block between 49.30 and 49.46 marks the key zone to monitor for seller defense toward lower targets. 📊

⚡ Patience remains key here as price has pulled away from our planned entry. We need a disciplined retest and price action confirmation before taking action, keeping this strictly on our radar for now. 💡

💬 Are you waiting for the retest at resistance or letting this setup play out? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #SOXS #ShortSetup #Bearish #CryptoTrading

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