$PHB /USDT - A massive breakout in progress! 💥📈
📊 Market Structure:
The price of $PHB has just surged from $0.558 to $0.676 with strong bullish candles on the hourly chart. It is approaching the local resistance level at $0.680, and momentum is accelerating rapidly!
📈 Trading Settings:
• Entry Zone: $0.655 - $0.675
🎯 Take Profit Point 1: $0.695
🎯 Take Profit Point 2: $0.725
🎯 Take Profit Point 3: $0.760
• Stop Loss: Below $0.628
⚠️ Importance of this trade:
Trading volume is increasing with the price - a clear sign of demand. A breakout above the $0.680 level could open the door for quick gains and entry into trades for fear of missing out.
Professional Tip 💡:
If the price of PHB closes above $0.680 with a sharp increase in trading volume, this could turn into a momentum rally. Get ready to ride the wave!
PHB
0.67
+15.51%
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