$PHA broke out on a teaser 👀
Phala says "Roadmap 2.0", a new era of token utility for $PHA, drops this week. No details out yet. The 4H candle on the news went $0.0509 → $0.0633, and Oct 19 closed +29%.
Since then $0.0698 and $0.0663 both rejected it. Now ~$0.0608, +19% in 24h.
Wilder RSI(14) 1D ~54 / 4H ~65 (cooled from ~70).
My plan:
🟢 Bid $0.0575–0.0581 (S1 retest)
🎯 TP1 $0.0645–0.0663 / TP2 $0.0698–0.0717
🔴 Out on a 4H close below $0.0545
RR from ~$0.0578 (risk ~6%): ~1.9–2.4R / ~3.4–4.0R. Chasing ~$0.0608: ~0.6–0.9R. No.
$0.0508–0.0521 sits below my out. New trade only, not an add.
I only chase a 4H close above $0.0698.
Buy the retest before the roadmap, or wait for it? 👇
NFA, DYOR.
Phala says "Roadmap 2.0", a new era of token utility for $PHA, drops this week. No details out yet. The 4H candle on the news went $0.0509 → $0.0633, and Oct 19 closed +29%.
Since then $0.0698 and $0.0663 both rejected it. Now ~$0.0608, +19% in 24h.
Wilder RSI(14) 1D ~54 / 4H ~65 (cooled from ~70).
My plan:
🟢 Bid $0.0575–0.0581 (S1 retest)
🎯 TP1 $0.0645–0.0663 / TP2 $0.0698–0.0717
🔴 Out on a 4H close below $0.0545
RR from ~$0.0578 (risk ~6%): ~1.9–2.4R / ~3.4–4.0R. Chasing ~$0.0608: ~0.6–0.9R. No.
$0.0508–0.0521 sits below my out. New trade only, not an add.
I only chase a 4H close above $0.0698.
Buy the retest before the roadmap, or wait for it? 👇
NFA, DYOR.