$PHA is approaching high resistance zone
Short $PHA
Entry: 0.0825 – 0.0925
SL: 0.115
TP1: 0.0740
TP2: 0.0715
TP3: 0.0690
TP4: 0.0660
Why:
PHA has made a strong rally from the 0.06337 area and is now testing the 0.07800 resistance, with price looking stretched after the recent upside move. The current price is above MA(7) at 0.07609 and MA(25) at 0.07260, so the broader short-term trend remains bullish, but a rejection from 0.078 could trigger a pullback. MACD is still positive, while rising OI shows increasing positioning. If PHA loses 0.0740, the correction could extend toward 0.0715 → 0.0690. A deeper pullback could bring 0.0660 into play.
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Short $PHA
Entry: 0.0825 – 0.0925
SL: 0.115
TP1: 0.0740
TP2: 0.0715
TP3: 0.0690
TP4: 0.0660
Why:
PHA has made a strong rally from the 0.06337 area and is now testing the 0.07800 resistance, with price looking stretched after the recent upside move. The current price is above MA(7) at 0.07609 and MA(25) at 0.07260, so the broader short-term trend remains bullish, but a rejection from 0.078 could trigger a pullback. MACD is still positive, while rising OI shows increasing positioning. If PHA loses 0.0740, the correction could extend toward 0.0715 → 0.0690. A deeper pullback could bring 0.0660 into play.
📩DM ME ON X TO KNOW HOW TO JOIN MY PREMIUM FOR HIGHLY PROFITABLE TRADE SETUPS LIKE THIS
#Altcoin Season# #Macro Insights#
