Post
Thomaaas
The 15-minute chart for xSOXL/USDT demonstrates a short-term bearish recovery structure trading at $xSOXL $63.53 (+10.06%), holding above local floor support at $61.00 following a sharp downward retracement from peak resistance at $xSOXL $65.36.
Price action is testing dynamic moving average resistance with MA5 at $xSOXL $63.46, MA10 at $64.07, and baseline MA20 at $64.31, accompanied by negative MACD momentum at -0.59.
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