🔥 $PHB /USDT – SHORT SETUP GAINING TRACTION!

$PHB faced a sharp rejection at the key resistance level of $0.570, and is now forming lower highs on the 4H chart — a clear sign of weakening bullish momentum.

The structure is deteriorating fast, with a break below key intraday support, signaling growing seller dominance.

SHORT TRADE SETUP

• Entry Zone: $0.548 – $0.555

• Stop Loss: $0.563

• Take Profit Targets:

◦ TP1: $0.530

◦ TP2: $0.515

◦ TP3: $0.498

MARKET OUTLOOK:

Price action is confirming a bearish reversal pattern, with consistent rejection wicks and a drop below support levels.

Sellers are in control, and momentum is shifting fast. The $0.550–$0.555 zone offers a clean short entry for scalpers. If weakness continues, this setup could yield solid short-term gains.

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