🚨 $SOXL TAPS OVERHEAD RESISTANCE AS BEARS EYE A SHARP 1H REJECTION! 📉
Entry: 98.83 - 99.23 ⚡
Target: 95.54, 94.6, 88.47 🎯
Stop Loss: 100.91 🛑
📌 Sellers are defending the 98.83–99.23 supply zone as the higher timeframe trend keeps pushing price into heavy resistance. 📊 While the downside targets down to 88.47 look lucrative, the current setup EV sits slightly negative until clean exhaustion prints.
💡 Smart traders don't front-run supply without confirmation; keep this strictly on the watchlist until order flow confirms seller dominance. 💬 Are you shorting this reload immediately, or waiting for buyers to fail at resistance? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SOXL #ShortSetup #Trading #Bearish #TechnicalAnalysis
🎯 🦈
Entry: 98.83 - 99.23 ⚡
Target: 95.54, 94.6, 88.47 🎯
Stop Loss: 100.91 🛑
📌 Sellers are defending the 98.83–99.23 supply zone as the higher timeframe trend keeps pushing price into heavy resistance. 📊 While the downside targets down to 88.47 look lucrative, the current setup EV sits slightly negative until clean exhaustion prints.
💡 Smart traders don't front-run supply without confirmation; keep this strictly on the watchlist until order flow confirms seller dominance. 💬 Are you shorting this reload immediately, or waiting for buyers to fail at resistance? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SOXL #ShortSetup #Trading #Bearish #TechnicalAnalysis
🎯 🦈