Phala Network ($PHA ) Alert
Long Liquidation Spotted: $4.26K at $0.1263
Whales Got Shaken… Will You Ride the Comeback?
A massive long flush has hit the books—$4,261 worth of longs got liquidated at $0.1263! This could be the perfect trap and opportunity for smart money to enter before the next move.
Technical Analysis:
Buy Zone:
> $0.1240 – $0.1270
(High probability bounce zone after liquidation sell-off)
Short-Term Targets:
> Target 1: $0.1335
Target 2: $0.1390
Target 3: $0.1480 (Major Resistance Breakout Level)
Stop Loss:
> Below $0.1215 (Clean invalidation if sellers take full control)
Why This Setup Matters:
Long liquidations often mark local bottoms as weak hands exit.
Volume spikes indicate high interest in this zone.
RSI & OBV divergence forming on lower timeframes—bullish signs brewing.
Caution:
Not financial advice. Always DYOR. Use risk management.