Semiconductors catch up and the downside follows through, and the bearish trend continues to dominate.



Congratulations to the brothers who followed the strategy—$SOXL , this short again has cashed in, and profits keep expanding.

Technically, after high-volume selling broke key support at the top, the price has continued trading below the moving averages. The bearish order has already formed. Any rebound always fails to hold above the previously broken-out area; every time there’s a counter-rally, volume momentum fades, indicating that overhead sell pressure remains obvious. Current lows keep being refreshed. Overall, it’s still a descending channel plus a weak consolidation structure, and the bearish rhythm hasn’t changed.

This short was set up around 142.96; now the price is at 102.14, and the return has already exceeded 1,375%. Until a volume-backed reversal or structural repair appears, holding with the trend remains the better choice.

If you didn’t catch this move, don’t worry—this market won’t only give one opportunity. Wait patiently for the next breakdown confirmation or a rejection at the pullback resistance level, then look for a more comfortable entry.

$BTC $ETH
SOXL-10.31%
BTC1.38%
ETH1.74%
View Original
post-image
SOXLUSDT
Short
Cross 50X
Return %
+1352.5%
Entry Price(USDT)
142.96
Mark Price(USDT)
102.2
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