$PHA IN DOWNTREND – WILL BUYERS DEFEND THIS ZONE OR BREAK LOWER?
$PHA/USDT is trading at $0.1292, down -9.14% over the past 24 hours. After a steep drop from the $0.1430 high, the price is trying to stabilize near short-term support, but resistance is building overhead.
Key Levels to Watch
• Resistance: $0.1300
• Support: $0.1271
Trade Setup – Expecting Volatility
Bullish Entry:
A break above $0.1300 could invite a short squeeze and push price toward:
TP1: $0.1320
TP2: $0.1340
Bearish Entry:
A breakdown below $0.1271 could open up further downside:
TP1: $0.1250
TP2: $0.1220
Stop-Loss:
Longs: below $0.1275
Shorts: above $0.1305
