$PHB

/USDT – SHORT-TERM REVERSAL OR DEAD CAT BOUNCE?

Bounce off intraday low at $0.550

Bearish pressure still visible on 15-min chart

$PHB saw a sharp drop from $0.609 to $0.550 before rebounding to $0.571. Despite the +6.13% daily move, the current structure shows lower highs and weak volume recovery, indicating caution for bulls.

Short Trade Setup

Entry: $0.571

Targets:

TP1: $0.558

TP2: $0.545

Stop Loss: $0.585

This bounce could be short-lived unless bulls reclaim $0.586+ with strength. Currently favoring scalps or short setups.

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