$PHA /USDT – Bull Exhaustion Detected! Short Trade Opportunity! 🔻
Current Price: $0.1435 (+5.83%)
After a sharp climb, $PHA is showing signs of topping out with a strong rejection wick and a bearish engulfing candle.
Short Trade Setup:
Entry Zone: $0.1440 – $0.1465
TP1: $0.1400
TP2: $0.1360
TP3: $0.1320
Stop Loss: $0.1495
Key Levels:
Resistance: $0.1550 (24H High)
Support: $0.1347 (24H Low)
Market Insight:
The strong upper wick followed by aggressive selling pressure suggests the bulls are losing control. Volume is shifting to the sell side.
Pro Tip:
Watch for confirmation below $0.1425 to enter short with momentum. Ideal setup if Bitcoin stays neutral or pulls back.
Quick profits await if the breakdown continues—stay sharp, traders! ⚠️📉
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