$SOXS Bulls Are Stepping In! Can Semiconductor Weakness Push Prices Higher?
Trade Setup: Long
Entry zone: 47.20 – 48.50
Tp1: 50.30 Tp2: 53.30 Tp3: 55.60
SL: 45.80
#SOXS is showing positive momentum after bouncing strongly from the 41.83 support area. Buyers are attempting to regain control, with 50.50 acting as the next major resistance. A confirmed breakout could open the door toward 53.30 and beyond. Watch for volume confirmation and manage risk carefully, as leveraged ETF products can be highly volatile.
Trade Here On $SOXS 👇.
Trade Setup: Long
Entry zone: 47.20 – 48.50
Tp1: 50.30 Tp2: 53.30 Tp3: 55.60
SL: 45.80
#SOXS is showing positive momentum after bouncing strongly from the 41.83 support area. Buyers are attempting to regain control, with 50.50 acting as the next major resistance. A confirmed breakout could open the door toward 53.30 and beyond. Watch for volume confirmation and manage risk carefully, as leveraged ETF products can be highly volatile.
Trade Here On $SOXS 👇.
