📉 SOXL — SEVERE WATERFALL DUMP & TESTING MULTI-WEEK LOWS! 🔻
$SOXL is trading sharply lower at 58.69 (-16.32%, or roughly Rs16,230.13), moving within an active 24-hour range between a high of 75.39 and a low of 58.61. Price action on this 4-hour chart displays an aggressive waterfall correction following the rejection from the 109.15 high, sitting deeply suppressed below the fast MA(7) (62.75), MA(25) (71.67), and macro structural MA(99) (85.49) moving average cluster.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 52.00–57.00 (strictly on confirmed volume exhaustion, heavy capitulation wicks, and structural stabilization signs)
🛑 STOP LOSS: 49.50
🎯 TP1: 68.00
🎯 TP2: 78.50
Are you watching for SOXL to carve out a firm bottom and reclaim the moving average bands after this steep drop, or expecting the waterfall decline to continue? Let's discuss below! 👇
👉 Trade: $SOXL
#SOXL行情 #semiconductor #cryptotrading #BinanceSquare #TradingSignal
$SOXL is trading sharply lower at 58.69 (-16.32%, or roughly Rs16,230.13), moving within an active 24-hour range between a high of 75.39 and a low of 58.61. Price action on this 4-hour chart displays an aggressive waterfall correction following the rejection from the 109.15 high, sitting deeply suppressed below the fast MA(7) (62.75), MA(25) (71.67), and macro structural MA(99) (85.49) moving average cluster.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 52.00–57.00 (strictly on confirmed volume exhaustion, heavy capitulation wicks, and structural stabilization signs)
🛑 STOP LOSS: 49.50
🎯 TP1: 68.00
🎯 TP2: 78.50
Are you watching for SOXL to carve out a firm bottom and reclaim the moving average bands after this steep drop, or expecting the waterfall decline to continue? Let's discuss below! 👇
👉 Trade: $SOXL
#SOXL行情 #semiconductor #cryptotrading #BinanceSquare #TradingSignal
