
🟢 $SOXL — Short Sellers Getting Squeezed! ⚡
$SOXL is showing bullish activity after $27.187K in short positions were liquidated at $70.83748. This indicates that upward price movement forced leveraged bears out, potentially adding fuel to the rally. Buyers now need to defend the breakout area to keep momentum alive. Support: $70.84 liquidation zone. Resistance: Previous local swing high. 🎯 Target: Next resistance zone if buyers maintain control. Next Move: A strong hold above $70.84 could support another push higher, while rejection may trigger a pullback. Pro Tip: SOXL is a leveraged ETF, so volatility can be aggressive. Keep position size controlled and always use a stop-loss.#Bitcoin midterm election pattern #AMD reports Q3 earnings #US October NFP: Are Rate Cuts Still Possible?