🔴 $PHAROS /USDT · Bias: SHORT
A short bias needs a failed reclaim of 0.5006 to keep the supply band in control of the retest.
Entry: 0.4941 – 0.5006
TP1: 0.4743 (-4.6%)
TP2: 0.4541 (-8.7%)
TP3: 0.4339 (-12.8%)
SL: 0.5256 (+5.7%)
Why: If price pushes into 0.5006 and fails to hold, a close back under 0.4941 would support the short.
Risk: A sustained reclaim of 0.4941 would weaken the setup and raise bounce risk.
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Would a failed push above 0.5006 be your trigger?
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. Image includes referral code 40189158.
A short bias needs a failed reclaim of 0.5006 to keep the supply band in control of the retest.
Entry: 0.4941 – 0.5006
TP1: 0.4743 (-4.6%)
TP2: 0.4541 (-8.7%)
TP3: 0.4339 (-12.8%)
SL: 0.5256 (+5.7%)
Why: If price pushes into 0.5006 and fails to hold, a close back under 0.4941 would support the short.
Risk: A sustained reclaim of 0.4941 would weaken the setup and raise bounce risk.
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Would a failed push above 0.5006 be your trigger?
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. Image includes referral code 40189158.
