$PHA / USDT – Bounce Setup in Play

Current Price: $0.0960 (+2.89%)

24H Range:

• High: $0.1060

• Low: $0.0885

Support Levels:

• $0.0960 (key level)

• $0.0900

Resistance Levels:

• $0.1020

• $0.1060

Trade Idea – Bounce Scenario:

• Entry: $0.0960 (support zone)

• Target 1: $0.1020

• Target 2: $0.1060

• Stop Loss: $0.0940

Market Context:

After a strong rally and sharp pullback, PHA is testing support at $0.0960. A bounce from here could signal a recovery toward recent highs.

Strategy Tip:

Conservative traders can wait for a bullish candle close above $0.0960 for confirmation. Once momentum builds, consider using a trailing stop to lock in gains.

Watch Closely:

Holding $0.0960 is crucial. Breakdown below could trigger a deeper move to $0.0900.