PHA was lifted up around 0.0688 at 19:00, and the close touched 0.0716. As a result, over the next hour it almost opened the door again in place—by the close it was pushed back down to 0.0688. The bounce traced a round trip; the price looked like nothing happened, but the positioning of the chips really changed.

Here I’d rather keep waiting and watching. $PHA If afterward there is a full hour that closes back above 0.0716, and with trading volume higher than the average volume of the closed hourly candles in the three hours prior to the trigger, then I’ll re-evaluate whether this drop actually managed to stop.

After triggering, if it is pulled back below 0.0685 and the low of the 20-point line is breached, the repair judgment is invalidated. Before that threshold line is reclaimed, being cheap is only that the price is lower—not a reason to say the momentum is stronger.