🚨 $PHA has moved sharply higher from the $0.02 area and is now trading around $0.04. The rally has been almost vertical, with volume increasing heavily over the past few sessions. Current market data shows $0.0521 as an important resistance, followed by $0.0654 and $0.0771.
I’m not shorting PHA just because it pumped. I want to see a proper rejection first. If sellers step in as price approaches the higher resistance zones, I’ll watch for a move back toward $0.035, then $0.030 and potentially $0.025.
If PHA breaks above the resistance and holds it strongly, I’ll drop the short idea. After such a fast move, the reaction at resistance could tell us a lot about what comes next.
Trade $PHA here 👇🏻
I’m not shorting PHA just because it pumped. I want to see a proper rejection first. If sellers step in as price approaches the higher resistance zones, I’ll watch for a move back toward $0.035, then $0.030 and potentially $0.025.
If PHA breaks above the resistance and holds it strongly, I’ll drop the short idea. After such a fast move, the reaction at resistance could tell us a lot about what comes next.
Trade $PHA here 👇🏻
