🔥 $SOXS — HEAVY LIQUIDATION ALERT
A $19.51K long liquidation at $48.19 puts SOXS in focus! This leverage flush could create volatility and a potential recovery setup if buyers defend the current trading zone.
📊 Support: $47.00 – $47.80
🎯 Resistance: $49.50 – $50.50
🚀 Next Target: $52.00 – $54.00
A decisive move above resistance could strengthen bullish momentum, while a breakdown below support would weaken the recovery outlook. Remember, SOXS is a leveraged inverse ETF, so broader semiconductor-market movements matter significantly. Trade carefully and manage exposure.
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