SOXL Direxion Daily Semiconductor Bull 3X ETF 45.52 now https://www.binance.com/en/futures/SOXLUSDT?_from=markets&ref=SPYQQQ dyor - The trend is clearly down, but the short-term bounce has just started after hitting oversold levels. Friday's daily candle showed a classic V-shaped bounce with a long lower wick. It dropped from 38.81, panic selling kicked in, then bounced all the way to 49.41 before pulling back. SOXL is a 3x leveraged ETF, so even sideways trading can slowly eat away at its value. NVDA reports after the market closes next Tuesday, and holding any position before earnings means taking on overnight gap risk. My main play is to short the bounce: Entry: 48.5 Stop Loss: 49.9 Take Profit: 42.5