soxstrading

$SOXS USDT (SOXS) — LONG

Entry Zone: $57.20 – $57.70
Stop Loss: $55.80
TP1: $58.60
TP2: $60.00
TP3: $62.00

Analysis:

SOXS is showing strong bullish momentum after recovering from the $48.25 low and pushing toward the $58.60 resistance. Price is currently holding near $57.90, suggesting buyers are still active. A clean breakout above $58.60 could open the door for further upside. However, rejection at resistance and a drop below $55.80 would invalidate this setup.

Will SOXS break above $58.60 or face another pullback? What do you think?

DYOR NFA

$ICNT $ARIA

#SOXS #SOXSTrading #cryptosignals #FuturesTrading #BinanceSquare