💢 Not gonna lie… $SOXL is sitting at a make-or-break zone 👀
Price bounced strongly from 115.0–115.5, but the recovery is now approaching repeated resistance around 119.0–120.0. The recent candles still show hesitation below that area.
🟥 SOXL SHORT — Resistance Rejection
Entry: 118.80 – 119.40
TP1: 117.80
TP2: 117.00
TP3: 116.00
Stop Loss: 120.25
Why: Multiple rejections around 119–120 suggest sellers are defending the zone. I’d wait for bearish confirmation instead of blindly entering.
Invalidation: A strong 15M close above 120.00 weakens this short idea.
Personal analysis, not financial advice. Manage risk and avoid full-capital entries. DYOR.
Trade here 👇
$G
$AKE
#BOJHikesRatesTo31YearHigh #HKMAPlansWholesaleCBDCByYearEnd #HYPEJumpsOver11% #BTCBreaks80K
Price bounced strongly from 115.0–115.5, but the recovery is now approaching repeated resistance around 119.0–120.0. The recent candles still show hesitation below that area.
🟥 SOXL SHORT — Resistance Rejection
Entry: 118.80 – 119.40
TP1: 117.80
TP2: 117.00
TP3: 116.00
Stop Loss: 120.25
Why: Multiple rejections around 119–120 suggest sellers are defending the zone. I’d wait for bearish confirmation instead of blindly entering.
Invalidation: A strong 15M close above 120.00 weakens this short idea.
Personal analysis, not financial advice. Manage risk and avoid full-capital entries. DYOR.
Trade here 👇
$G
$AKE
#BOJHikesRatesTo31YearHigh #HKMAPlansWholesaleCBDCByYearEnd #HYPEJumpsOver11% #BTCBreaks80K
