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SOXS/USDT: Powerful impulse and growth of +25%!
The SOXS asset is showing rapid growth, rising from its daily low of $46.69 and nearly testing the local maximum at $59.88. The chart shows a strong formation of an uptrend after breaking key levels.
📈 Key indicators:
Current price: ~$59.69 (+25.74%)
24h range: $46.69 – $59.88
24h volume (USDT): $187.36M (very high market interest)
Technical status: The price is firmly moving above all moving averages (MA7: 58.19, MA25: 53.86, MA99: 50.52), confirming a strong bullish impulse on this timeframe.
⚡ Situation analysis:
After bouncing off the bottom near $42.45, buyers have fully taken control. Currently, the price is being pushed toward the maximum of $59.88. A breakout and sustained close above $60.00 could open the path for further pump continuation; however, a possible local profit-taking should be considered.
