$PHAROS — Rejection at Resistance
Short $PHAROS
Entry: $0.7350 – $0.7420
SL: $0.7550
TP: $0.7250 - $0.7150 - $0.7050 - $0.6900
Explanation: PHAROS is showing rejection after failing to sustain the move above the $0.7500 area. If the $0.7350–$0.7420 zone continues to act as resistance, a further pullback toward the lower targets could develop. Wait for confirmation before entering.
Disclaimer: This is only my personal opinion, not investment advice. Always manage your risk.
Short $PHAROS
Entry: $0.7350 – $0.7420
SL: $0.7550
TP: $0.7250 - $0.7150 - $0.7050 - $0.6900
Explanation: PHAROS is showing rejection after failing to sustain the move above the $0.7500 area. If the $0.7350–$0.7420 zone continues to act as resistance, a further pullback toward the lower targets could develop. Wait for confirmation before entering.
Disclaimer: This is only my personal opinion, not investment advice. Always manage your risk.
