$SUSHI 🚀 is showing a strong recovery after a sharp sell-off!
Following a deep drop to $28.50, SOXS has staged an impressive V-shaped bounce and is now trading around $51.48, holding above the MA(7). Buyers are stepping back in, suggesting a possible continuation of the recovery.
Long Trade Setup
📍 EP: $51.48
🛑 SL: $40.00
🎯 TP1: $66.00
🎯 TP2: $77.00
🎯 TP3: $85.00
The Game Plan: SOXS is a 3x leveraged semiconductor inverse ETF, so volatility and losses can build quickly. Watch for a pullback toward the moving averages rather than chasing the price. If TP1 is reached, consider securing partial profits and moving your stop to break-even.
🔥 Who's watching this SOXS rebound opportunity?
Not financial advice. Understand the risks of leveraged ETFs and trade with strict risk management.
#SOXS #ETF #TradingSetup #Long
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