$SOXL is showing potential bearish momentum, with the current price zone worth watching for a possible rejection. If sellers maintain control and resistance holds, the price could move toward the lower target levels. Wait for confirmation and manage risk carefully, as a strong recovery could invalidate the setup.

Trading Ideas Short $SOXL
Entry: 99 - 104
SL: 108
TP1: 96
TP2: 93
TP3: 90

Stay disciplined, monitor price action closely, and follow your trading plan. Consider the risk before entering and avoid rushing into a position without proper confirmation.

DYOR (Do Your Own Research).