$PHA SHORT TRADE UPDATE — STILL RUNNING 👀
This PHA short is still active and behaving exactly how I wanted after the rejection from the top resistance/liquidity zone. Price already showed weakness near the local highs, and that quick rejection is the main reason I stayed confident in the setup.
Right now the trade is still running and sitting in profit, so I’m not rushing to close it too early. As long as price keeps trading below the key invalidation area, I’m expecting more downside continuation from here. The move has not fully played out yet, and I still think the market can push lower once this small consolidation is done.
What I like here is that buyers had a strong pump, but they couldn’t hold control for long. That usually tells me momentum is cooling off, and sellers are still around. So for now, I’m staying patient and letting the trade breathe.
No need to force anything — the setup is alive, the trade is running, and now it’s just about letting price do the work. If momentum stays weak, the targets should start getting tapped soon. 🎯
For now: still holding, still running, still looking good.
$MUBARAK
$ARK
This PHA short is still active and behaving exactly how I wanted after the rejection from the top resistance/liquidity zone. Price already showed weakness near the local highs, and that quick rejection is the main reason I stayed confident in the setup.
Right now the trade is still running and sitting in profit, so I’m not rushing to close it too early. As long as price keeps trading below the key invalidation area, I’m expecting more downside continuation from here. The move has not fully played out yet, and I still think the market can push lower once this small consolidation is done.
What I like here is that buyers had a strong pump, but they couldn’t hold control for long. That usually tells me momentum is cooling off, and sellers are still around. So for now, I’m staying patient and letting the trade breathe.
No need to force anything — the setup is alive, the trade is running, and now it’s just about letting price do the work. If momentum stays weak, the targets should start getting tapped soon. 🎯
For now: still holding, still running, still looking good.
$MUBARAK
$ARK
