$PHB /USDT SHORT TRADE SETUP BEARISH PULLBACK POSSIBLE
Current Price: 0.561
Market Structure: Price failed to hold above 0.588 resistance and is now showing signs of a pullback with lower highs forming
ENTRY LEVEL
Enter short between 0.560 – 0.565 after rejection confirmation below 0.565
STOP LOSS
Place stop loss above 0.588 to protect against sudden breakouts
TARGET POINTS
TP1: 0.545
TP2: 0.500
TP3: 0.480
TRADE ANALYSIS
If PHB continues to face selling pressure below the 0.588 resistance zone, a downside move toward 0.545 and 0.530 levels becomes likely. Watch for bearish candles or declining volume near 0.565 before entering to avoid false signals.
