Guys $SOXL is looking vulnerable for a possible short here 📉
Entry: 81.10 - 81.30
🎯 TP1: 79.80
🎯 TP2: 78.00
Price remains trapped below both the 10 and 20 SMAs in a bearish alignment. Long positioning is dangerously crowded at 86%, leaving the pair exposed to a sharp liquidation cascade.
A firm break under 80.98 support should trigger the next move down.
Watching closely 👀
Entry: 81.10 - 81.30
🎯 TP1: 79.80
🎯 TP2: 78.00
Price remains trapped below both the 10 and 20 SMAs in a bearish alignment. Long positioning is dangerously crowded at 86%, leaving the pair exposed to a sharp liquidation cascade.
A firm break under 80.98 support should trigger the next move down.
Watching closely 👀
