/USDT Rallies: Narrow Target Strategy for Maximum Profit
$PHA /USDT has exploded with bullish momentum, and is currently trading at $0.5419 after a significant surge. The RSI is indicating overbought conditions at 89, reflecting strong buying interest. The 24-hour high of $0.6040 is the next resistance, while $0.5200 is acting as a critical support to watch for potential corrections.
Trading Strategy:
Entry Price: Around $0.5419
Target Points:
1. TP1: $0.5500
2. TP2: $0.5650
3. TP3: $0.5800
Stop Loss: $0.5200
With narrow targets in line with recent price action, traders can look to secure steady profits while managing risk. Monitor volume and momentum for signs of continued bullish pressure or potential reversal.
