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🔴 $SOXL Market Update
Heavy long liquidations suggest bulls are losing momentum, putting SOXL under short-term pressure. If price holds above the $147.00-$148.00 support zone, a relief bounce toward $151.50 and $154.00 is possible. A break below support could extend the decline toward $144.00. Target 🎯: $151.50 / $154.00. Stop Loss: Below $146.80. The next move depends on whether buyers reclaim control after this liquidation flush.