$SOXL USDT perpetual pair tracking the Semiconductor Bull 3X ETF on Binance is exhibiting strong signs of a bullish reversal on the 4-hour chart, currently pushing up to stabilize at 154.62. Following an aggressive capitulation wave that flushed out over-leveraged longs down to a macro bottom of 135.20, heavy buying interest has aggressively stepped in to absorb the selling pressure. The quick recovery has formed a solid higher-low structure near the lower demand levels, indicating that the asset is heavily oversold and ready to bounce. Backed by a strong 24-hour trading volume of 43.56M, the bulls are building momentum to trigger a short squeeze. A clean continuation above this current accumulation zone will rapidly pave the way to retest the upper resistance bands near the recent local highs.
SOXLUSDT
دائم
199.14
-0.19%
First Target: 155.96
Second Target: 165.00
Third Target: 175.00