๐จ $SOXL FACING REJECTION AT RESISTANCE AS BEARS EYE A CLEAN FLIP BELOW $100! ๐
Entry: 99.80 - 100.20 โก
Target: 98.00 / 97.00 / 96.00 ๐ฏ
Stop Loss: 102.50 โ ๏ธ
Heavy distribution has emerged near the 104-105 ceiling after that aggressive rally, putting buyers firmly on the defensive. ๐ A confirmed 1-hour close under the psychological 100 handle followed by a rejected retest signals that momentum has decisively shifted to the sell side. ๐
Sellers are stepping up pressure on the bid, setting up an asymmetric opportunity as liquidity gets pulled toward lower shelves. ๐ฌ Are you shorting this break below 100, or waiting to bid the support at 96? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #SOXL #ShortSetup #Bearish #Trading
๐ โก
Entry: 99.80 - 100.20 โก
Target: 98.00 / 97.00 / 96.00 ๐ฏ
Stop Loss: 102.50 โ ๏ธ
Heavy distribution has emerged near the 104-105 ceiling after that aggressive rally, putting buyers firmly on the defensive. ๐ A confirmed 1-hour close under the psychological 100 handle followed by a rejected retest signals that momentum has decisively shifted to the sell side. ๐
Sellers are stepping up pressure on the bid, setting up an asymmetric opportunity as liquidity gets pulled toward lower shelves. ๐ฌ Are you shorting this break below 100, or waiting to bid the support at 96? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #SOXL #ShortSetup #Bearish #Trading
๐ โก