🚨 I bought $PHA near the 0.02 low and sold into the spike. Now it's back at 0.048. 👀
The run to 0.10 was an AI-privacy story pushed by leverage. At the peak, futures turnover was about 25x spot volume.
That's not patient buyers, that's traders chasing each other, and it's the kind of move I take profit on instead of marrying.
Price has now given back half. It's under its 20 and 50 EMA but still above the 200 EMA at 0.0409.
If that level holds, the story isn't dead. If it breaks, the pump is fully gone.
Would you re-enter here or wait? 👇
#CryptoTrading #PHA #Phala
DYOR | NFA
The run to 0.10 was an AI-privacy story pushed by leverage. At the peak, futures turnover was about 25x spot volume.
That's not patient buyers, that's traders chasing each other, and it's the kind of move I take profit on instead of marrying.
Price has now given back half. It's under its 20 and 50 EMA but still above the 200 EMA at 0.0409.
If that level holds, the story isn't dead. If it breaks, the pump is fully gone.
Would you re-enter here or wait? 👇
#CryptoTrading #PHA #Phala
DYOR | NFA
