$​SOXS #EarningsSeason #MarketsPriceJust10%ChanceOfFedHikeNextWeek is currently trading at 52.56, hugging the MA60 line at 52.58 as momentum consolidates. The asset swings within a 24h range from 50.33 to 54.32.

​Bullish Outlook: Breaking above 53.00 targets a move toward 54.00.

​Bearish Outlook: Dropping below 52.00 risks testing the lower support zone.