🔻 The AI & Tech tokens are getting slaughtered today — SOXLB -12%, FET -10%, AI -13.5%. Bloodbath or buying opportunity? Let's break it down 🧵
Why these three together? They're all tech-adjacent tokens riding the same bearish wave. When sector-wide selling hits, correlations spike — and that's where the edge lies.
📊 SOXLB ($85.75) — Down 12.3% with RSI at 37.6 on the 4H. Price is well below all major SMAs (7/25/99 daily), confirming strong downtrend. Volume surging at 1.28x average. Shorts are piling in but RSI hasn't hit oversold yet — more pain possible.
🤖 FET ($0.159) — Down 9.9%, RSI 30.6 and approaching oversold on 4H. Bearish MACD cross with expanding histogram. Volume 2.57x normal — this is conviction selling, not just drift. Key support at $0.151 is the next line of defense.
🧠 AI ($0.0173) — The hardest hit at -13.5%, RSI already oversold at 24.9 on 4H. But here's the catch: volume is only 0.06x average. This is a low-liquidity flush, which means bounces can be violent… but catching that knife is risky.
📋 Trade Plans (all shorts):
• SOXLB → Entry: $82.93-$88.57 | SL: $97.05 | TP: $80.44
• FET → Entry: $0.156-$0.162 | SL: $0.172 | TP: $0.151
• AI → Entry: $0.017-$0.0176 | SL: $0.0185 | TP: $0.0165
⚡ Which one do you think bounces first? Or are they all going lower? Drop your pick 👇
#SOXLB #FET #AI