$PHA is up a massive 57% from the 0.029 low, but the 4-hour chart shows it's hitting a hard wall right at the 0.078 high. 📉
I see the long trend, but this vertical spike looks exhausted. The momentum is slowing down, and buyers might be running out of steam for now. 🧐
If it fails to break above 0.080, a sharp pullback is likely. I'm looking to short here, targeting a drop back to 0.070...
Short Setup:
Entry: 0.0780–0.0790
TP1: 0.0720
TP2: 0.0680
SL: 0.0815
The trend is bullish, but a correction is due stay sharp
$PHA
I see the long trend, but this vertical spike looks exhausted. The momentum is slowing down, and buyers might be running out of steam for now. 🧐
If it fails to break above 0.080, a sharp pullback is likely. I'm looking to short here, targeting a drop back to 0.070...
Short Setup:
Entry: 0.0780–0.0790
TP1: 0.0720
TP2: 0.0680
SL: 0.0815
The trend is bullish, but a correction is due stay sharp
$PHA
