$PHB is currently undergoing a massive corrective phase, down 69.39% in 24h with $1.47M volume. Technically, the price is in extreme oversold territory, testing local support near $0.0145.
Volatility remains high, suggesting a potential scalp if we hold above $0.014.
- Resistance: $0.018, $0.022
- Support: $0.014, $0.012
- Target: $0.020
- Stop-Loss: $0.0135
Given the aggressive sell-off, caution is advised. Watch for a volume-backed reversal candle on the 1H timeframe before considering entries. Monitor the order book closely for signs of liquidity absorption.
Click $PHB to view live charts and execute your trades on Binance now!
#PHB #BinanceSquare
Volatility remains high, suggesting a potential scalp if we hold above $0.014.
- Resistance: $0.018, $0.022
- Support: $0.014, $0.012
- Target: $0.020
- Stop-Loss: $0.0135
Given the aggressive sell-off, caution is advised. Watch for a volume-backed reversal candle on the 1H timeframe before considering entries. Monitor the order book closely for signs of liquidity absorption.
Click $PHB to view live charts and execute your trades on Binance now!
#PHB #BinanceSquare