$PHA /USDT SHORT TRADING SIGNAL – BEARS ARE IN CONTROL! 📉🔥
🔹 Current price: $0.1696
$PHA /USDT shows weakness at the resistance level, and sellers are stepping in. If the price drops below $0.1650, further declines are expected!
🔻 Short trade setup:
🔹 Entry: Below $0.1650 (breakout confirmation)
🎯 Target 1: $0.1550 — First support level
🎯 Target 2: $0.1400 — Major liquidity zone for profit taking
🛑 Stop-loss: $0.1750 — Above recent highs to avoid false breakouts
📊 Market analysis:
Formation of a bearish trend: Lower highs indicate seller dominance.
Weak buying pressure: Bulls struggle to push above.
Breakout confirmation: Losing $0.1650 may trigger more selling.
💡 Professional tip:
Wait for a clear close below $0.1650 before entering. A retest and rejection of this level will confirm strong bearish momentum.
📉 If PHA fails to reclaim $0.1720, sellers are likely to push it down to $0.1400. Watch for increasing volume to confirm the movement!
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