🚨 $SOXL LONG LIQUIDATIONS CONTINUE! $68.1K WIPED AT $68.12 — SEMI BULLS STILL STRUGGLING! 🔴
Another group of leveraged buyers forced out! *$68.1K* longs liquidated around *$68.12*, adding pressure on $SOXL!
After heavy semi sell-off, watch whether support area attracts fresh buyers or another leg lower approaching!
*📊 $SOXL — LIQUIDITY & PRICE MAP*
*Type:* Long 🔴
*Volume:* $68.1K
*Price:* $68.12
*Key Pivot:* $68.00
*Immediate Support:* $67.63
*Lower Support:* $63.42
*Major Support:* $58.68
*First Resist:* $72.15
*Higher Resist:* $76.99
*📉 NEXT MOVE — TWO SCENARIOS*
*🔴 Bearish Continuation:* Daily breakdown below *$67.63* = expose *$63.42 → $58.68*!
*🟢 Bullish Rebound:* Defend *$67.63* + reclaim *$72.15* = recovery to *$76.99*!
*🎯 VIEW: BEARISH, BUT WATCH FOR RELIEF BOUNCE*
Trend under pressure! RSI ∼30 = weak momentum + oversold = temporary bounce possible!
Preferred: Wait confirmed break below *$67.63* before bearish exposure! Sustained recovery above *$72.15* weakens outlook!
*CRITICAL TEST IS $67.63!* Bulls must defend or sellers extend decline!
⚠️ 3x Leveraged ETF — volatility magnified! Idea Only.
$SOXL #SOXL #Semiconductor #LongLiquidation #LiquidationAlert
Another group of leveraged buyers forced out! *$68.1K* longs liquidated around *$68.12*, adding pressure on $SOXL!
After heavy semi sell-off, watch whether support area attracts fresh buyers or another leg lower approaching!
*📊 $SOXL — LIQUIDITY & PRICE MAP*
*Type:* Long 🔴
*Volume:* $68.1K
*Price:* $68.12
*Key Pivot:* $68.00
*Immediate Support:* $67.63
*Lower Support:* $63.42
*Major Support:* $58.68
*First Resist:* $72.15
*Higher Resist:* $76.99
*📉 NEXT MOVE — TWO SCENARIOS*
*🔴 Bearish Continuation:* Daily breakdown below *$67.63* = expose *$63.42 → $58.68*!
*🟢 Bullish Rebound:* Defend *$67.63* + reclaim *$72.15* = recovery to *$76.99*!
*🎯 VIEW: BEARISH, BUT WATCH FOR RELIEF BOUNCE*
Trend under pressure! RSI ∼30 = weak momentum + oversold = temporary bounce possible!
Preferred: Wait confirmed break below *$67.63* before bearish exposure! Sustained recovery above *$72.15* weakens outlook!
*CRITICAL TEST IS $67.63!* Bulls must defend or sellers extend decline!
⚠️ 3x Leveraged ETF — volatility magnified! Idea Only.
$SOXL #SOXL #Semiconductor #LongLiquidation #LiquidationAlert