$SOXL short. Price broke below 98.8–98.83 on strong volume — 82661 on 1m, 169060 on 5m. That confirms the breakdown and opens the downside.
Higher timeframes (15m, 5m) show a clear downtrend: lower highs, lower lows, price below all key moving averages. The order book is sell-heavy: asks at 98.80–98.82 hold 201, 269, 324 contracts, while bids at 98.79–98.77 have just 1, 6, 244. Sellers are in control.
Entry: 98.65
SL: 99.45
TP1: 97.45
TP2: 96.65
TP3: 95.85
Risk defined. Let it play out. 📉
🧠 AI confidence: 62% (moderate)
SHORT ▰▰▰▰▰▰▱▱▱▱ 62%
LONG ▰▰▰▰▱▱▱▱▱▱ 38%
Higher timeframes (15m, 5m) show a clear downtrend: lower highs, lower lows, price below all key moving averages. The order book is sell-heavy: asks at 98.80–98.82 hold 201, 269, 324 contracts, while bids at 98.79–98.77 have just 1, 6, 244. Sellers are in control.
Entry: 98.65
SL: 99.45
TP1: 97.45
TP2: 96.65
TP3: 95.85
Risk defined. Let it play out. 📉
🧠 AI confidence: 62% (moderate)
SHORT ▰▰▰▰▰▰▱▱▱▱ 62%
LONG ▰▰▰▰▱▱▱▱▱▱ 38%