$PHA /USDT - Strategic Short Trade Alert 🔥💯
Current Market Price: $0.3366
Momentum: Bearish with a 7.20% daily drop.
🎯 Entry Point: $0.3370
💡 Stop Loss (SL): $0.3480
📈 Take Profit (TP):
• TP1: $0.3280
• TP2: $0.3190
Analysis:
PHA/USDT has shown consistent downward pressure, with recent failed attempts to break resistance at $0.36. The breakdown from $0.34 suggests a strong bearish continuation. Short entry at $0.3370 aligns with the resistance-turned-support, ensuring favorable risk-reward ratios.
Risk Management Tip:
Risk no more than 2% of your capital, maintaining discipline as volatility increases.
Keep a close eye on the 24h low at $0.3262 for key price action!
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