using order flow analysis and a volume profile you can see that a lot of action around the upper 24s has led to a bounce in the nasdaq and TQQQ 3x is a great way of capturing that. if we hold $24.58 and break $24.81 we should see that $25.86 level again no problem. envelope is flattening out, so id imagine this bounce has legs as long as were not seeing outflow on this etf.