$PHA just made a crazy move from $0.019 to $0.066 and now it's approaching a level I don't want to ignore
The 3D breakout looks strong but the weekly chart is telling a different story. PHA is still below the big weekly resistance around $0.0755 and price is getting there after a near vertical pump
I'm not shorting just because it went up 😭 I want to see a proper rejection first
If sellers show up around $0.0700 to $0.0755 I'll watch the short toward $0.060 then $0.050 and potentially $0.0405
Stop Loss $0.0790
If PHA breaks above the weekly resistance and holds it I'm dropping the short idea
Would you short the rejection or wait for the breakout? 👀
The 3D breakout looks strong but the weekly chart is telling a different story. PHA is still below the big weekly resistance around $0.0755 and price is getting there after a near vertical pump
I'm not shorting just because it went up 😭 I want to see a proper rejection first
If sellers show up around $0.0700 to $0.0755 I'll watch the short toward $0.060 then $0.050 and potentially $0.0405
Stop Loss $0.0790
If PHA breaks above the weekly resistance and holds it I'm dropping the short idea
Would you short the rejection or wait for the breakout? 👀
