*$PHA/USDT - Potential Bounce Setup* ๐
*Price is Bouncing Back!* ๐
$PHA is showing signs of possible support at $0.0960, up 2.89% ๐. After a rapid surge followed by a sharp correction, the market structure suggests a potential bounce if the current level holds ๐.
*24H Range:* ๐
- High: $0.1060 ๐
- Low: $0.0885 โฌ๏ธ
*Resistance Levels:* ๐
- $0.1020 ๐
- $0.1060 ๐ฅ
*Support Zones:* ๐ก๏ธ
- $0.0960 (current level) ๐ช
- $0.0900 ๐ก๏ธ
*Trade Setup (Bounce Play):* ๐
- Entry Zone: $0.0960 (current support) ๐ค
- Target 1: $0.1020 ๐ฏ
- Target 2: $0.1060 ๐
- Stop Loss: $0.0940 โ ๏ธ
*Market Insight:* ๐ก
PHA has recently seen a big move up and a steep retracement. If the price holds above $0.0960, we could see a potential move back to the previous highs ๐.
*Pro Tip:* ๐ฌ
If youโre risk-averse, wait for a confirmed bullish candle close above $0.0960 to confirm the support level before entering ๐. Trailing stop losses can be used once price starts
Buy and Trade $PHA here๐