Key Levels: - Current Price: $0.3498 - Resistance Levels: $0.3527, $0.3976 - Support Levels: $0.3358, $0.3200
Trade Setup: - Entry: Long at $0.3500 - Take Profit (TP): $0.3800, $0.3976 - Stop Loss (SL): $0.3350
Risk Management: - Risk/Reward Ratio: 2:1 - Position Size: 2% of trading capital
Summary: We are looking for a long trade on $PHA/USDT due to a bullish breakout above the resistance level of $0.3527. The price has shown strong support at $0.3358 and is currently trading above the ascending trendline, indicating upward momentum. The target is set at $0.3800 and $0.3976, with a stop loss at $0.3350 to manage risk effectively. 📈🚀