The performance of the PHB/USDT currency pair has been in line with our expectations, which reinforces the effectiveness of our trading strategy. After attempting to break through the key resistance level of 1.648, the price has experienced a small correction, falling back to around 1.6113 and entering a consolidation phase. This pullback is not just a common market adjustment phenomenon, it has actually become a key node that may indicate an important change in the subsequent trend of the currency pair.
For traders seeking a 1:2 risk-reward ratio, the current situation provides an attractive trading opportunity. Given the current market environment, this may be an ideal time to seize market trends and lock in potential lucrative profits.