$PHB /USDT BEARISH ANALYSIS 🚨📉

🔹 Current Price: $0.554 (-7.97%)

🔑 Key Levels:

Resistance Levels: $0.582 🟥 | $0.608 🟥 | $0.633 🟥

Support Levels: $0.543 🟩 | $0.537 🟩 | $0.520 🟩

The price is trading below short and mid-term MAs (7, 25, 99), showing weakness. Bears are in control after rejection near $0.610, and a breakdown below $0.543 could extend downside momentum.

📊 Trade Setup:

👉 Short Entry: $0.555 – $0.560

🎯 Targets (TP):

TP1: $0.543

TP2: $0.537

TP3: $0.520

🛑 Stop Loss (SL): $0.582 (above resistance)

⚖ Risk Management:

Always risk 1-2% per trade, use proper position sizing, and trail stop-loss as price moves in your favor. Discipline is key! ✍️

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