🚨 $SOXS BREAKS STRUCTURE AFTER HEAVY REJECTION AT THE 32.25 RESISTANCE ZONE! 📉
Entry: 32.25 ⚡
Target: 28.63 🎯
Stop Loss: 33.33 ⚠️
The 4H timeframe just delivered a clear distribution signal with sellers aggressively defending the 32.25 supply block. 📌 As recovery momentum falters, price action is slipping below the pivot zone, clearing the path for an accelerated expansion toward the lower support target. 📉
With momentum oscillators heavily leaning short while price remains capped under resistance, the risk-reward skew heavily favors downside continuation. 💡 Are you taking the breakdown move down to support or waiting for another retest? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SOXS #ShortSetup #Bearish #TechnicalAnalysis
🔻 🎯
Entry: 32.25 ⚡
Target: 28.63 🎯
Stop Loss: 33.33 ⚠️
The 4H timeframe just delivered a clear distribution signal with sellers aggressively defending the 32.25 supply block. 📌 As recovery momentum falters, price action is slipping below the pivot zone, clearing the path for an accelerated expansion toward the lower support target. 📉
With momentum oscillators heavily leaning short while price remains capped under resistance, the risk-reward skew heavily favors downside continuation. 💡 Are you taking the breakdown move down to support or waiting for another retest? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SOXS #ShortSetup #Bearish #TechnicalAnalysis
🔻 🎯