📢 $PHB /USDT — Strong Momentum and Possible Breakout 🚀📊
The price reached 0.598 after a rise of 15.44%, with a clear rebound from support at 0.511.
The recent candles show a bullish pattern with a high trading volume of 10.63 million PHB over 24 hours, indicating strong buyer movement.
📈 Technical Indicators:
• KDJ indicator shows strong momentum (J: 74.39)
• SAR at 0.629 — above the current price, indicating the possibility of continued upward movement
• Nearby resistance at 0.607 — if broken, we may see a rush towards 0.74 then 0.86
Trade Setup:
📌 Entry Zone: 0.590 – 0.600
📌 Stop Loss: below 0.565
🎯 Profit Taking Targets:
1) 0.74
2) 0.86
⚠️ Note: Trading volume and institutional inflow enhance the chances of continued upward movement.
Watch the price at resistance 0.607 for a clear breakout.
The market is volatile — gradual entry and monitoring price action around resistance is advised.
Do not chase pumps, wait for confirmation, and be ready to manage risks.
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