4. $PHA — Bearish Pressure
$PHA is trading at $0.05094 after dropping 23.75% in 24 hours. The market structure remains weak, and sellers may continue pushing lower if buyers fail to reclaim resistance.
Trade Setup — SHORT
EP: $0.0508 – $0.0515
TP1: $0.0495
TP2: $0.0480
TP3: $0.0460
SL: $0.0525
The recent sell-off points to negative momentum and weak buyer control. Rejection from resistance could support trend continuation, while a confirmed support breakdown may open the way to lower prices.
Let's go $PHA
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