🚨 ok I did not expect $PHA to do this
I had it on a watchlist and forgot about it honestly. Been dead near $0.02 for weeks, nothing happening. Checked my phone just now and it's up 67% today, sitting at $0.0836 after tagging $0.0857. RSI is at 93 which is just... a lot.
Not touching it at this price. When something sits quiet for weeks then rips 3-4x in a day, the people who bought at $0.02 are the ones selling into this, not buying more. EMAs did flip bullish though so I'm not writing off the trend, just don't like buying green candles this big.
If it comes back to $0.045-$0.050 and holds, I'll look at it seriously. Below $0.038 and I'm out of the idea completely.
Feels like one of two things — real breakout or a lot of people about to get left holding the top. We'll know soon.
DYOR | NFA
#PHA #CryptoTrading #Altcoins
I had it on a watchlist and forgot about it honestly. Been dead near $0.02 for weeks, nothing happening. Checked my phone just now and it's up 67% today, sitting at $0.0836 after tagging $0.0857. RSI is at 93 which is just... a lot.
Not touching it at this price. When something sits quiet for weeks then rips 3-4x in a day, the people who bought at $0.02 are the ones selling into this, not buying more. EMAs did flip bullish though so I'm not writing off the trend, just don't like buying green candles this big.
If it comes back to $0.045-$0.050 and holds, I'll look at it seriously. Below $0.038 and I'm out of the idea completely.
Feels like one of two things — real breakout or a lot of people about to get left holding the top. We'll know soon.
DYOR | NFA
#PHA #CryptoTrading #Altcoins
