$PHB /USDT – BULLISH BREAKOUT IN PLAY
Current Price: $0.588
24H Change: +18.79%
Momentum: Strong bullish surge with high volume!
TECHNICAL ANALYSIS
Resistance Levels:
$0.600 – Minor intraday resistance
$0.649 – Major resistance (24h high)
$0.700 – Next breakout target
Support Levels:
$0.560 – Key support (previous structure)
$0.520 – Strong demand zone
Price has formed a solid base above $0.560 and is now consolidating after a breakout candle. Volume confirms buyer strength. As long as $0.560 holds, momentum favors bulls.
TRADE SETUP: LONG ENTRY
Entry: $0.588 – Current market price
Targets (TP):
TP1: $0.649
TP2: $0.700
TP3: $0.740 (extension level)
Stop Loss (SL): $0.545 – Below last swing low
RISK MANAGEMENT
Use 1–2% of your capital per trade.
Adjust position size to maintain optimal risk-reward (minimum 1:2).
Monitor volume and candle closes around key levels.
Momentum favors bulls – stay disciplined, manage your risk, and ride the wave!
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