$PHA /USDT BULLISH BREAKOUT š
Key Levels:
- Current Price: $0.3949
- Resistance Levels: $0.4087, $0.4315
- Support Levels: $0.3823, $0.3595
Trade Setup:
Long Entry:
- Entry Point: $0.3950
- Take Profit (TP):
- TP1: $0.4087
- TP2: $0.4315
- Stop Loss (SL): $0.3820
Risk Management:
- Risk/Reward Ratio: 2:1
- Position Size: 1-2% of total portfolio
Summary:
We are looking for a bullish breakout in the $PHA/USDT pair as the price has shown a strong upward momentum, breaking above the $0.3949 level. The next resistance levels are at $0.4087 and $0.4315, providing good profit targets. The stop loss is set just below the support level at $0.3820 to manage risk effectively. This trade setup offers a favorable risk/reward ratio, making it an attractive opportunity for a long position. ššø
Happy trading and may the market be in your favor! ššø