🔥 $SOXL MOMENTUM CHECK
$149K in short positions were liquidated around $101.05.
This is the second-largest liquidation in this group. Short covering can create sharp upside bursts, but the key is whether demand continues after forced buyers exit.
Focus zone: $101.05
A sustained hold could support further strength; a quick rejection would raise the risk of a pullback.
Let price confirm the move before taking a position.
#SOXL #MomentumTrading#ZEC price structure under pressure #AI model distillation security battle
