$SOXS is waking up fast… and this breakout actually has teeth 🔥
After that hard flush, price carved out a base and then pushed through the 36.2400 area with follow-through. The latest close at 36.5300 keeps the move alive, and that’s the kind of structure bulls need after a downtrend.
This is the zone where the long becomes actionable:
ENTRY: 36.5100
If buyers keep pressing, the roadmap is clear:
TP1: 36.8751 — first area to trim and protect
TP2: 37.2402 — continuation if momentum stays clean
TP3: 37.6053 — extension target if the squeeze expands
Risk is defined at:
STOP LOSS: 35.7798
Lose that level, and the breakout thesis starts to crack. Until then, the chart favors continuation over hesitation.
Trade it with discipline — not emotion ⚠️
#SOXS #CryptoTrading #Breakout #Long
Are you taking partials at TP1 or letting it breathe?