🔥 SOXLB LUSDT — LONG SETUP
Confidence: Moderate (breakout confirmation required)
$SOXL
Entry: $65.00–$68.00
TP1: $72.00
TP2: $76.80
TP3: $85.00
SL: $60.00
Confirmation: Daily candle close above $69.00–$70.00, followed by a successful retest.
Why LONG? Strong rebound from $38.81 with a significant increase in trading volume.
Price has reclaimed MA(7), showing improving short-term momentum.
A breakout above $70 could open the way toward $76.80 and higher resistance.
Invalidation: Daily breakdown below $60 weakens the bullish setup.
DYOR. Not financial advice.
#tradingtechnique
Confidence: Moderate (breakout confirmation required)
$SOXL
Entry: $65.00–$68.00
TP1: $72.00
TP2: $76.80
TP3: $85.00
SL: $60.00
Confirmation: Daily candle close above $69.00–$70.00, followed by a successful retest.
Why LONG? Strong rebound from $38.81 with a significant increase in trading volume.
Price has reclaimed MA(7), showing improving short-term momentum.
A breakout above $70 could open the way toward $76.80 and higher resistance.
Invalidation: Daily breakdown below $60 weakens the bullish setup.
DYOR. Not financial advice.
#tradingtechnique
