Entering now at $PHA as a LONG trade from these zones is a very high risk. ⚠️
The price has risen by more than 116%, and when it touched the channel’s ceiling, there was a clear rejection—along with the formation of a negative divergence.
With weak momentum and open price gaps below, entering a LONG here could expose the trade to a strong correction.
Correction targets:
🎯 Target 1: 0.0750$
🎯 Target 2: 0.0680$
🎯 Target 3: 0.0610$
The price has risen by more than 116%, and when it touched the channel’s ceiling, there was a clear rejection—along with the formation of a negative divergence.
With weak momentum and open price gaps below, entering a LONG here could expose the trade to a strong correction.
Correction targets:
🎯 Target 1: 0.0750$
🎯 Target 2: 0.0680$
🎯 Target 3: 0.0610$
