$SOXS Momentum Cooling ... Sellers Eye a Short-Term Pullback
$SOXS has surged sharply toward $49.60, but consecutive red candles indicate profit-taking and weakening short-term momentum. A deeper correction could follow if buyers fail to defend the $48.00 zone.
SHORT TRADE SETUP
Entry: $48.00–$48.20
TP: $47.20
SL: $49.00
Wait for bearish confirmation before entry. A recovery above $49.00 would weaken the short setup.
Sell and Trade $SOXS
$SOXS has surged sharply toward $49.60, but consecutive red candles indicate profit-taking and weakening short-term momentum. A deeper correction could follow if buyers fail to defend the $48.00 zone.
SHORT TRADE SETUP
Entry: $48.00–$48.20
TP: $47.20
SL: $49.00
Wait for bearish confirmation before entry. A recovery above $49.00 would weaken the short setup.
Sell and Trade $SOXS
