$PHB – Sharp Reversal in Sight
After a powerful spike above 10%, $PHB is showing signs of exhaustion. The price failed to sustain above the $0.60 level and is now rolling over with lower highs on the 1-hour chart.
This setup is brewing into a solid short opportunity. If the price revisits the $0.575 zone and faces rejection with a strong wick or bearish candle, it could mark the start of a fast downside move.
Trade Setup
• Entry Zone: $0.565 – $0.575
• Targets: $0.545, $0.528, $0.512
• Stop Loss: $0.585
The rally looks overextended, and the weakness is setting the stage for quick short scalps. Momentum is shifting — watch closely.
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