$SOXL is trading at 142.83 after a 7.02% decline. Sellers have clearly dominated the displayed move, so the current price zone needs strong buyer response before the structure can improve.
I’m watching 141–143 closely. A reclaim above 146 could signal improving momentum, while losing 138 would weaken the setup further.
I’m watching 141–143 closely. A reclaim above 146 could signal improving momentum, while losing 138 would weaken the setup further.