🔻 $PHA
Bulls Take a Hit!
A $10.05K long position on $PHA was liquidated at $0.31609, signaling increasing bearish momentum. The bulls failed to defend critical levels, leaving the market vulnerable to further declines.
Key Insights:
Bearish Pressure: This liquidation underscores weakening bullish support, with sellers gaining control.
Support in Focus: If buyers fail to stabilize the price, $PHA could test lower support zones.
PHA Technical Breakdown:
Resistance Level: $0.3250
Support Zone: $0.3100
Momentum: Bearish, with downside risks persisting
Will Pha find a foothold at support, or is a deeper correction on the horizon? Watch closely for signs of recovery or continued sell-offs!