$SOXS Signal | Long: Funding rate negative + 4H MACD bullish expansion

$SOXS RSI 1h 72.97, the 4H Bollinger upper band 58.78 has been broken through, funding rate -0.1014%, and short costs continue to rise. 1H MACD histogram momentum is converging but remains above the zero line; buying pressure has not exhausted.
🎯 Direction: Long
⚡ Entry / order placing: 59.6505 - 59.8300
🛑 Stop loss: 59.2317
🚀 Target 1: 60.7275
🚀 Target 2: 61.1762
🛡️ Trade management:
- Execute strategy: After reaching Target 1, reduce position by 50% and move the stop loss up to breakeven. If price falls back to the entry zone, automatically exit to protect principal.
Continuous bullish candles have formed driven by 4H buy orders; OI is stable. Depth shows that sell-side orders are slightly thicker but have not formed strong sell pressure. With negative funding rates piling on, price remains firm; in the near term, the probability of short covering is relatively high. Current risk-reward ratio is 1.5, suitable for a quick-term scalp.
View live market 👇 $SOXS
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