🚨 $SOXL — VIP LONG WATCH

🟢 Short Liquidation: $1.2293K

📍 Liquidation Price: $62.53

Market Analysis:

Short liquidations indicate buying pressure from forced short closures. This could trigger a temporary relief bounce, although the broader technical trend remains bearish.

Trading Direction: CONDITIONAL LONG

EP: $66.50 - $67.00

(Only after bullish confirmation)

TP1: $69.85

TP2: $73.06

TP3: $79.80

SL: $64.00

Support:

S1: $60.93

S2: $53.08

S3: $40.66

Resistance:

R1: $66.58

R2: $73.06

R3: $79.80

Strategy:

A confirmed breakout above $66.58 could trigger additional short covering. Failure to reclaim resistance keeps downside risk elevated.

⚠️ Wait for confirmation.

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