$PHB /BTC Trade Setup
Market Insight:
$PHB is showing strong short-term bullish momentum with a 14.32% gain in the last 24 hours, supported by increasing volume and a bullish SAR signal. However, long-term trend remains bearish with significant drawdowns over 180 days and 1 year.
🔹 Entry:
0.00000470 – 0.00000495 BTC
🎯 Targets:
0.00000531 BTC – Resistance zone just below the local top
0.00000554 BTC – Recent 24h high and breakout point
0.00000590 BTC – Psychological and historical resistance
🔻 Stop Loss:
0.00000442 BTC – Below recent support and SAR reversal level
🔑 Key Levels:
Support: 0.00000442 / 0.00000412
Resistance: 0.00000531 / 0.00000554
Pivot Point: 0.00000495 (current price equilibrium)
💡 Pro Tip:
If PHB breaks above 0.00000554 with volume confirmation, consider trailing your stop-loss upward and targeting 0.00000620+ for momentum extension. Use smaller size near resistance and add on dips within the entry zone.
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