$PHA /USDT BEARISH REVERSAL – REJECTION FROM SUPPLY ZONE TRIGGERS SHORT PLAY!

PHA just got rejected from the resistance zone around $0.1065 - $0.1075, forming a strong wick and pullback candle. This confirms supply dominance and gives us a clean short opportunity as price begins to roll over.

TRADE SETUP (SHORT):

• Entry: $0.1023

• Target 1 (TP1): $0.0985

• Target 2 (TP2): $0.0966

• Stop Loss (SL): $0.1075

KEY LEVELS:

• Resistance Zone: $0.1059 - $0.1075

• Support Levels: $0.0985 and $0.0966

• Current Price: $0.1023

MARKET OUTLOOK:

After a sharp move up, PHA faced heavy sell pressure at a prior supply zone. The rejection candle signals the start of a lower high structure and opens the path for a deeper correction toward support levels.

RISK MANAGEMENT:

Keep your risk per trade under 2%, and adjust position size to maintain proper SL buffer. Secure partials at TP1 and protect capital.

Follow community

If you like clean breakdown trades like this, show some support and drop your thoughts below!

If you feel the analysis helpful, Like Share and comment the next pair you want to analyze!

#DigitalAssetBill #StablecoinPayments #BinanceAlphaAlert #SaylorBTCPurchase #EUPrivacyCoinBan