💥 $PHB /USDT – Sellers Taking Over Fast! 🔻
$PHB has flipped bearish after bulls failed to hold above key resistance. Weak momentum, declining volume, and back-to-back red candles show bears are tightening their grip.
📉 Trade Setup (Short – Futures):
• Entry Zone: $0.725 – $0.715
• Target 1 (TP1): $0.650
• Target 2 (TP2): $0.530 ✅
• Stop Loss (SL): Above $0.750
📊 Technical View:
Price has broken structure below $0.750 and is heading toward key support levels. No strong demand zones nearby, making further downside likely.
🛡 Risk Note:
SL breach could trigger a quick reversal — trade with strict risk management.
🔄 Strategy Breakdown:
This is a momentum-based short play. The failed breakout above $0.750 combined with weak buyer interest signals a trend reversal. We're targeting deep support levels as selling pressure continues.
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