$PHA LOOKS READY FOR A PULLBACK 👀🔻
SHORT SETUP
Entry Range: $0.0855 – $0.0865
Stop Loss: $0.0906
TP1: $0.0780
TP2: $0.0660
TP3: $0.0553
PHA made a very aggressive run from the $0.05 area and pushed straight into the major resistance/liquidity zone around $0.090–$0.091. The sharp wick above $0.10 followed by a quick rejection tells me sellers are starting to defend this area.
From my point of view, as long as price stays below $0.0906, I’m looking for the momentum to cool down and price to retrace toward the lower support zones. TP1 is the first area where I’d secure some profit, while TP2 gives room for a deeper correction.
The main target remains around $0.0553, which is also the previous breakout/support region visible on the chart. 🎯
This one pumped hard, so I’m not chasing the green candles — I’m watching the rejection instead. 😄
A clean move above the stop-loss zone would invalidate this short idea.
$ZEC
$龙虾
SHORT SETUP
Entry Range: $0.0855 – $0.0865
Stop Loss: $0.0906
TP1: $0.0780
TP2: $0.0660
TP3: $0.0553
PHA made a very aggressive run from the $0.05 area and pushed straight into the major resistance/liquidity zone around $0.090–$0.091. The sharp wick above $0.10 followed by a quick rejection tells me sellers are starting to defend this area.
From my point of view, as long as price stays below $0.0906, I’m looking for the momentum to cool down and price to retrace toward the lower support zones. TP1 is the first area where I’d secure some profit, while TP2 gives room for a deeper correction.
The main target remains around $0.0553, which is also the previous breakout/support region visible on the chart. 🎯
This one pumped hard, so I’m not chasing the green candles — I’m watching the rejection instead. 😄
A clean move above the stop-loss zone would invalidate this short idea.
$ZEC
$龙虾
