Trump eased up on tariff exemptions, and the semiconductor sector just blew up. SOXL surged 10.55% in the last 24 hours to 231.1, with a funding fee of 0.00015988, meaning the bulls are currently paying to hold their positions, and chasing the highs is hitting the wallet hard.
This pulse is all thanks to some chatter, not a fundamental reversal. Last time we had similar tariff noise, I held a position for two days and ended up getting stopped out by a single tweet; the tuition wasn't wasted.
When the bulls are crowded, I’d rather wait for a pullback than chase the emotional top.
Trading Tag: #BinanceFutures #TradFi #USDⓈM #SOXL #SOXLUSDT $SOXL
This pulse is all thanks to some chatter, not a fundamental reversal. Last time we had similar tariff noise, I held a position for two days and ended up getting stopped out by a single tweet; the tuition wasn't wasted.
When the bulls are crowded, I’d rather wait for a pullback than chase the emotional top.
Trading Tag: #BinanceFutures #TradFi #USDⓈM #SOXL #SOXLUSDT $SOXL