$SOXSB USDT: Recovery Continues, but 49.00 Is the Next Key Test
SOXSUSDT is trading around 48.62 on the supplied 1-hour chart after rebounding from the 44.00 area. Buyers are forming a recovery, but price is approaching resistance following a steep decline from above 52.00.
Bias: Neutral to bullish in the short term
Setup: Wait for confirmation
Resistance: 49.00–50.00, then 52.00
Support: 48.00, then 46.00
Entry: Watch for a confirmed bounce near 48.00 or a sustained breakout above 50.00.
TP: Further targets need additional confirmation.
SL / Invalidation: Below the confirmed retest low, based on your risk tolerance.
Why it matters: Holding above 48.00 could support another attempt toward 49.00–50.00. Rejection at resistance may bring sellers back into control and expose lower support.
Will SOXSUSDT reclaim 50.00, or pull back toward 46.00 first?
SOXSUSDT is trading around 48.62 on the supplied 1-hour chart after rebounding from the 44.00 area. Buyers are forming a recovery, but price is approaching resistance following a steep decline from above 52.00.
Bias: Neutral to bullish in the short term
Setup: Wait for confirmation
Resistance: 49.00–50.00, then 52.00
Support: 48.00, then 46.00
Entry: Watch for a confirmed bounce near 48.00 or a sustained breakout above 50.00.
TP: Further targets need additional confirmation.
SL / Invalidation: Below the confirmed retest low, based on your risk tolerance.
Why it matters: Holding above 48.00 could support another attempt toward 49.00–50.00. Rejection at resistance may bring sellers back into control and expose lower support.
Will SOXSUSDT reclaim 50.00, or pull back toward 46.00 first?