$SOXL This wave is leaning bearish; the shorts are clearly in control right now.



The market is continuously bleeding; in the short term, watch the area around the MA25 support for a trade-off. The entry zone is roughly 134.74 - 136.36. Downside targets to watch are 129.41 and 124.50, with defense placed at 140.45.

But be mindful of the risk: the 15-minute RSI is already severely oversold, and a violent mean-reversion rebound could happen at any time. Don’t go all-in—manage your position size properly. Also, $SKHYNIX and $ACE can be followed as well; it feels like both shorts have finally woken up.
SOXL11.94%
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