đ Speculative setup on $PHA /USDT
After a rapid momentum to 0.0349, the price entered a phase of local pullback. An interesting anomaly is observed in the market: 101 whales are sitting in shorts against 53 in longs (L/S ratio of whales is only 29%), and funding is negative (-0.0115%).
Traders are pushing down, but accumulated shorts create the risk of a short squeeze.
đŠ Trading levels
đŽ SHORT (Priority on correction)
Entry: 0.0318 â 0.0325 (on resistance retest)
Take profit: 0.0298 / 0.0279
Stop loss: 0.0336
đą LONG (From support / Squeeze)
Entry: 0.0290 â 0.0298 (confirmed rebound)
Take profit: 0.0325 / 0.0349
Stop loss: 0.0279
â ïž Follow risk management: no more than 1-2% risk per trade.
After a rapid momentum to 0.0349, the price entered a phase of local pullback. An interesting anomaly is observed in the market: 101 whales are sitting in shorts against 53 in longs (L/S ratio of whales is only 29%), and funding is negative (-0.0115%).
Traders are pushing down, but accumulated shorts create the risk of a short squeeze.
đŠ Trading levels
đŽ SHORT (Priority on correction)
Entry: 0.0318 â 0.0325 (on resistance retest)
Take profit: 0.0298 / 0.0279
Stop loss: 0.0336
đą LONG (From support / Squeeze)
Entry: 0.0290 â 0.0298 (confirmed rebound)
Take profit: 0.0325 / 0.0349
Stop loss: 0.0279
â ïž Follow risk management: no more than 1-2% risk per trade.
