$PHB USDT BEARISH REVERSAL SIGNALS SHORT OPPORTUNITY
$PHB USDT has rejected strongly from the 0.6270 resistance level, forming lower highs on the intraday charts. Price has broken below minor support near 0.6110, indicating increased selling pressure. Weak bullish attempts and bearish engulfing candles confirm a likely continuation to the downside.
SHORT ENTRY: 0.610 – 0.605
TP1: 0.598
TP2: 0.590
TP3: 0.580
SL: 0.622
Risk Management:
Limit exposure to 1–2% of capital per trade. Shift stop loss to breakeven after TP1. Monitor closely for trend shift or bullish volume spike.
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