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$SOXL A 28.68% intraday range in one day, and at 69.19, the current price is just 60 cents below the 24-hour high of 69.79. This is no time to chase.


The market is clear: from 53.17 to 69.79, with $5.46 billion in daily trading volume, buyers rushed in all the way up from the lows. Now the price is hovering near the intraday high—the hottest sentiment and worst risk-reward. There’s only one thing I’d do here: wait for a pullback. Don’t catch a falling knife or chase the highs.
Here’s the plan: place staggered limit orders to buy the dip in the 67.5–68.2 range, set a stop-loss below 65.8 (exit if the intraday uptrend structure breaks), take first profits at 70.5 and second profits at 72.3. Keep your position below 30%; don’t go all-in betting on 3x semiconductor leverage. If the entry price isn’t reached, stay out and watch—don’t get jealous if it goes up.
I only take disciplined trades, not emotion-driven ones. I’ll post in the group as soon as anything unusual happens intraday. Follow if you want to keep up.
No trades outside the plan. #每周来晒 #Gate广场中秋团圆局
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Comment 10
WaveApprentice
5.46 billion looks in the mirror, and what it sees is FOMO.
KellyBeliever
Have you calculated the win rate? Betting at this position has negative expected value.
CompoundingMotor
If reinvesting daily returns, you’d need to split this volatility into five trades, or fees will wipe out the compounding.
ReservePosition
From the wave structure, this looks like the final leg of a small-degree 5-wave move. An entry at 67.5 is indeed more comfortable than at 69.79, but a 30% position is still too large for 3x leverage—a 10% pullback would hurt your principal. Consider splitting it into two more entries or waiting for confirmation from a 4th-wave pullback. Don’t rush into a left-side entry before the structure plays out.
SequencerWatcher
How many milliseconds of sorter latency does it take for this order to get bundled?
ShadowHunter
The upper wick hasn't formed yet—are you sure this isn't a bull trap?
CycleKing
The four-year cycle tells me this kind of intraday volatility is noise in the middle of a bull market, not a signal.
Gaslight Guardian
When gas spikes, your transaction will probably get stuck pending while you watch the show.
BetaGambler
Beta 3x: Leverage up at the tail end of the bull market, and remember to get out after the fun.
RugRadar
Did you check the contract? What's the maker fee rate?