PHASignal
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$PHA /USDT short trade signal 🔴😭
SHORT TRADE SIGNAL – REJECTION AT BOLLINGER TOP WITH BEARISH CANDLE!
$PHA spiked to $0.1448 but quickly retraced and is now trading around $0.1362. The price has rejected from the upper Bollinger Band and is forming a bearish candle below the mid-band resistance of $0.1382 — a classic signal of fading momentum and a potential downside move.
Trade Setup (SHORT):
Entry: $0.1360 – $0.1380
Target 1: $0.1320
Target 2: $0.1280
Stop Loss: $0.1400
Why Short?
Price action shows a rejection wick near the upper Bollinger Band and failure to hold gains above mid-resistance. Volume is thinning out, and the move from $0.1258 appears overextended without follow-through. If price closes below $0.1340, more sellers may step in.
Risk Management Tip:
Place your SL tightly above $0.1400 to avoid a fake-out. Lock profits early as price approaches $0.1300, and use a trailing SL if volatility increases.
Sell smart — don’t chase green candles when the trend is turning red!
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
#PHASignal
#AltcoinCorrection
#CryptoReversal
#BearishSetup
#BinanceTrading
buy and trade here on $PHA
If you feel the analysis helpful, Like Share and comment the next pair you want to analyze!
SHORT TRADE SIGNAL – REJECTION AT BOLLINGER TOP WITH BEARISH CANDLE!
$PHA spiked to $0.1448 but quickly retraced and is now trading around $0.1362. The price has rejected from the upper Bollinger Band and is forming a bearish candle below the mid-band resistance of $0.1382 — a classic signal of fading momentum and a potential downside move.
Trade Setup (SHORT):
Entry: $0.1360 – $0.1380
Target 1: $0.1320
Target 2: $0.1280
Stop Loss: $0.1400
Why Short?
Price action shows a rejection wick near the upper Bollinger Band and failure to hold gains above mid-resistance. Volume is thinning out, and the move from $0.1258 appears overextended without follow-through. If price closes below $0.1340, more sellers may step in.
Risk Management Tip:
Place your SL tightly above $0.1400 to avoid a fake-out. Lock profits early as price approaches $0.1300, and use a trailing SL if volatility increases.
Sell smart — don’t chase green candles when the trend is turning red!
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
#PHASignal
#AltcoinCorrection
#CryptoReversal
#BearishSetup
#BinanceTrading
buy and trade here on $PHA
If you feel the analysis helpful, Like Share and comment the next pair you want to analyze!
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