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$PHAROS SHOWS WEAKNESS NEAR $0.52 REJECTION AS SMART MONEY SELLS THE RETEST! 📉
Entry: $0.4784 - $0.4800 ⚡
Target: $0.4650 - $0.4366 🎯
Stop Loss: $0.4990 ⚠️
Structure remains firmly bearish on
$PHAROS following a sharp supply rejection at the $0.52 level. 🔍 The recent bounce reflects a low-volume retest into overhead resistance rather than genuine institutional buying, keeping the sequence of lower highs intact.
📌 Price action favors downside expansion as long as bids fail to reclaim the $0.4800 region. A clean breakdown below the $0.4760 pivot will likely trigger acceleration toward lower liquidity targets, while setup invalidation sits strictly above $0.4990. 📊
💬 Are you shorting this corrective retest or waiting for the $0.4760 breakdown confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
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#PHAROS #ShortSetup #MarketStructure #Crypto 🎯 🐻