#TwoAddressesHoldingAbout1.28BUSDTFrozen SOXLUSDT – Bearish Momentum Setup | Trading Analysis
SOXL is showing significant weakness near $86.22, down 14.08%. The sharp decline suggests strong selling pressure, but entering after a large drop can be risky.
EP: $86.50–$87.20
TP1: $85.00
TP2: $83.50
TP3: $82.00
SL: $88.80
A recovery toward the entry zone followed by seller rejection could provide a potential short opportunity. Watch the $85 support area for a liquidity sweep and buyer response. A strong recovery above $88.80 invalidates this setup.
My View: After a major decline, patience is essential. Let the market confirm its next direction.
#SOXL #SemiconductorStocks #SOXLUSDT #TradingSetup #MarketAnalysis2025 $
SOXL is showing significant weakness near $86.22, down 14.08%. The sharp decline suggests strong selling pressure, but entering after a large drop can be risky.
EP: $86.50–$87.20
TP1: $85.00
TP2: $83.50
TP3: $82.00
SL: $88.80
A recovery toward the entry zone followed by seller rejection could provide a potential short opportunity. Watch the $85 support area for a liquidity sweep and buyer response. A strong recovery above $88.80 invalidates this setup.
My View: After a major decline, patience is essential. Let the market confirm its next direction.
#SOXL #SemiconductorStocks #SOXLUSDT #TradingSetup #MarketAnalysis2025 $