$PHB /USDT BEARISH CORRECTION — SUPPORT IN SIGHT!
PHB is trading at $0.534 (-5.32%), retracing from the $0.588 24h high after strong selling pressure. Price is now nearing key support, and if $0.524 breaks, a deeper drop could follow.
KEY LEVELS:
Resistance: $0.550 / $0.588
Support: $0.524 / $0.500
Current Price: $0.534
TRADE SETUP (SHORT):
Entry: $0.534–$0.536
TP1: $0.524
TP2: $0.500
SL: $0.548
Risk Management:
Only risk 1–2% per trade. Bearish setups need tight SLs and quick decision-making — don’t average down in weakness!
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