$PHA USDT BEARISH REVERSAL AFTER STRONG REJECTION FROM 0.1240
PHA surged to $0.1240 but quickly faced selling pressure, pulling back to $0.1110. Price has now slipped below the upper Bollinger band ($0.1178) and is testing the mid-band ($0.1117). This signals fading bullish momentum and the possibility of a deeper retracement if support fails.
Trade Setup (Short Idea):
Entry Zone: $0.1110 – $0.1125
Targets:
TP1: $0.1080
TP2: $0.1055
TP3: $0.1020
Stop Loss: $0.1160
Market Outlook:
Bears are regaining control after the rejection near $0.1240. Sustaining below $0.112 could open the path for further downside toward $0.1050. Bulls must reclaim $0.116+ quickly to avoid further pressure.
#PHAUSDT #crypto #altcoins #Trading #Binance
buy and trade here on $PHA