📉 $SOXLB – Bears Taking Control!

SOXLB is showing signs of short-term weakness after rejection from $56.88. Price has slipped below MA(7) and MA(25), indicating increasing selling pressure.

🔴 SHORT SETUP

- Entry: $55.35 – $55.60
- TP1: $54.70
- TP2: $54.25
- TP3: $53.95
- Stop Loss: $56.05

⚠️ Watch the $55.43 resistance zone. A weak recovery could create another short opportunity.

Trade smart, manage risk, and don't chase the market!

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