The volatility trap is closing in on $SOXL, and the price action has just navigated into a localized distribution zone that aligns with my strategy. I am positioning for a correction from these levels, provided the overhead resistance holds as expected.
⚡ $SOXL — SHORT SETUP
📍 Entry: 141.43 – 142.28
🎯 TP1: 139.74
🎯 TP2: 138.62
🎯 TP3: 136.93
🛑 Stop Loss: 143.12
Trade here 👇
📌 Trade management rules: see pinned post.
Do you see this pullback extending further, or is the trend too strong to fade? Let me know your bias below.
#SOXL
⚡ $SOXL — SHORT SETUP
📍 Entry: 141.43 – 142.28
🎯 TP1: 139.74
🎯 TP2: 138.62
🎯 TP3: 136.93
🛑 Stop Loss: 143.12
Trade here 👇
📌 Trade management rules: see pinned post.
Do you see this pullback extending further, or is the trend too strong to fade? Let me know your bias below.
#SOXL