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Bullish

$SOXS SHORT SETUP — SELLERS ARE STEPPING IN! 📉🔥



Entry: 50.00 – 50.30 (Short)
SL: 51.40
TP1: 49.40
TP2: 48.70
TP3: 47.80

$SOXS is losing momentum after a sharp rally toward 53.39. The 1H chart shows lower highs and weakening buying pressure.

A confirmed break below 49.80 could open the door for further downside.
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SOXSSOXS+2.21%

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PerpNightwatch
43 minutes ago
If it breaks below 49.8, there is indeed plenty of room to the downside, but beware of a false breakout
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TradFiRefugee
an hour ago
First Review
The top at 53.39 was formed quite cleanly; now it’s just a matter of waiting for confirmation of a break below
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