$PHA Facing Strong Resistance ... Bears Still Have a Chance
Short Setup
Entry: 0.0660 – 0.0680
TP1: 0.0620
TP2: 0.0590
Final Target: 0.0555
SL: 0.0730
PHA made a strong comeback but 0.0695 – 0.0700 remains a major resistance zone.
As long as 0.0700 holds, I see a possible correction towards 0.0600 and even 0.0555.
A clean breakout above 0.0700 could change the bearish outlook.
Trade with stop loss.
Trade on $PHA
Short Setup
Entry: 0.0660 – 0.0680
TP1: 0.0620
TP2: 0.0590
Final Target: 0.0555
SL: 0.0730
PHA made a strong comeback but 0.0695 – 0.0700 remains a major resistance zone.
As long as 0.0700 holds, I see a possible correction towards 0.0600 and even 0.0555.
A clean breakout above 0.0700 could change the bearish outlook.
Trade with stop loss.
Trade on $PHA