SOFI Channels Drive My Direction Bias

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SOFI Channels Drive My Direction BiasSoFi Technologies IncBATS:SOFIHotsauceShoTYMEAnd they lean bearish SOFI lost the ascending channel and has failed multiple attempts to reclaim it. Every rejection has come on lower-than-average volume, which tells me buyers haven't shown enough conviction to regain acceptance inside the trend. As long as price remains outside that channel, I have to respect the possibility that we're working toward the lower boundary of the larger macro channel. The anchored VWAPs support that idea. They've consistently acted as areas where supply has stepped in, reinforcing that this hasn't been a convincing reclaim. There is one level that can change my mind: **$15.90-$16.30**. If buyers defend that area with expanding volume and start reclaiming the anchored VWAPs, I'll happily pivot and reassess. If not, I'm treating this as a normal correction inside the larger range with the lower macro channel becoming the next area of interest.