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【$SOXL Signal】Long on 1H retest confirmation, 4H bullish momentum continues
$SOXL 1H MACD bars starting to shrink, Bollinger upper band around 189 acting as short-term resistance. 4H MACD bullish bars still expanding, middle band at 177 providing strong support. Order book bid depth is dominant, with clear willingness to absorb during pullback. Current risk-reward ratio about 1:2.5, worth taking.
🎯Direction: Long
⚡Entry / Limit Order: 187.30 (within the range 187.0272 - 187.5900)
🛑Stop Loss: 178.2105
🚀Target 1: 201.6593
🚀Target 2: 208.6939
🛡Trade Management: On reaching Target 1, reduce position by 50% and move stop loss to break-even. If price falls back to entry, exit immediately.
View real-time prices 👇 $SOXL
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