🚨 $SOXSB — LONG & SHORT TRADE SETUP 📊
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⏳ Timeframe: 4H
💰 Current Price: 54.30
📈 24H Change: +21.97%
@VJ analysis
🟢 LONG SETUP — Buy the Pullback

- Entry: 50.80–51.60
- TP1: 54.30
- TP2: 55.40
- TP3: 57.00
- Stop Loss: 49.50

✅ Alternative breakout entry: Wait for a confirmed 4H candle close above 55.43, then look for a successful retest before entering long.

🔴 SHORT SETUP — Resistance Rejection

- Entry: 54.40–55.40, only after bearish rejection confirmation
- TP1: 52.00
- TP2: 50.86
- TP3: 46.30
- Stop Loss: 56.00

📊 Technical Analysis

- MACD: Bullish momentum increasing.
- RSI(6): 87.99 — extremely overbought.
- Resistance: 54.39–55.43.
- Support: 50.86 / 46.29 / 44.46.
@VJ analysis
⚠️ Trade Plan: Momentum is bullish, but price is overextended. Avoid chasing the pump. Wait for a pullback or confirmed breakout for longs; take shorts only after a clear rejection.
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🛡️ Risk no more than 1% of your trading capital per setup. These are conditional technical scenarios, not guaranteed targets. SOXSB is a leveraged semiconductor-bear product, so volatility and path-dependent losses can be substantial.

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