$SOXL Liquidation Reference: $69.86 | Long Liquidation: $9.0762K
Entry: $69.51–$69.85
Stop Loss: $70.91
TP1: $68.81
TP2: $68.46
TP3: $67.76
Analysis: Long liquidation activity around $69.86 suggests pressure on leveraged buyers. A failed reclaim, bearish rejection candle and rising selling volume could support downside continuation.
Invalidation: Sustained breakout above $70.91.
Risk Management: SOXL is volatile. Use conservative leverage and take profits progressively.
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