๐จ $PHA Alert: $6.158K Short Liquidation at $0.36552! Big Moves Incoming?
A $6.158K short liquidation just hit $PHA at $0.36552, signaling potential market action. This liquidation could trigger a price breakout or retrace, depending on key levels. Here's the full trading plan:
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๐ Key Levels to Watch
Buy Zone: $0.355 - $0.362 (Look for strong support here)
Targets:
Target 1: $0.375
Target 2: $0.390
Target 3: $0.405 (if momentum strengthens)
Stop Loss: $0.348 (to protect against downside risk)
Why This Matters
Short liquidations often indicate increased bullish momentum as traders rush to cover positions. This $6.158K liquidation at $0.36552 hints that buyers are taking control.
Whatโs Next?
1. If PHA Breaks Above $0.370: Expect a rally toward $0.375-$0.390.
2. If PHA Pulls Back to $0.355: Use the buy zone for potential accumulation.
3. Volume is Key: A spike in volume will confirm a breakout or bounce.
$PHA is a low-to-mid cap token, so it can move fast. Stick to your plan, avoid over-leveraging, and adjust your targets based on market momentum.
Stay focused and trade smart!
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