🔴 $SOXL — Liquidation Pressure Creates a Critical Setup! ⚡
$SOXL recorded $9.2604K in long liquidations around $61.00, suggesting leveraged buyers are facing pressure. The next move depends on whether buyers can defend this area or sellers continue pushing lower. Support: $60.00–$59.00 | Resistance: $62.50–$64.00 | Target 🎯: $65.00–$67.00–$69.00. Next Move: Reclaiming $62.50 could support a bullish recovery, while a breakdown below $60 may increase downside pressure. Pro Tip: Keep position sizes controlled and confirm the trend before taking a trade. 🚀#Bitcoin midterm election pattern #AMD reports Q3 earnings
