$PHA USDT momentum is getting stretched
I’m watching the short side only after confirmation, because PHA is still showing strong momentum: 0.07643 (+34.35%) with 656.96M USDT volume. Recent market data also shows the coin has moved sharply higher over the last few sessions.
From your chart, my levels are:
Short zone: 0.07966–0.09182
SL: 0.10398
TP1: 0.06751
TP2: 0.05535
TP3: 0.04596
I wouldn’t short blindly while momentum is this strong. A rejection around 0.07966/0.09182 or a clean loss of 0.07639 would give me more confirmation. If buyers reclaim 0.09182, I’d step aside rather than fight the move.
Setup only manage leverage and risk carefully.
#PHA
I’m watching the short side only after confirmation, because PHA is still showing strong momentum: 0.07643 (+34.35%) with 656.96M USDT volume. Recent market data also shows the coin has moved sharply higher over the last few sessions.
From your chart, my levels are:
Short zone: 0.07966–0.09182
SL: 0.10398
TP1: 0.06751
TP2: 0.05535
TP3: 0.04596
I wouldn’t short blindly while momentum is this strong. A rejection around 0.07966/0.09182 or a clean loss of 0.07639 would give me more confirmation. If buyers reclaim 0.09182, I’d step aside rather than fight the move.
Setup only manage leverage and risk carefully.
#PHA
