$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.

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