๐ข๐ PHBUSDT Trade Signal | Bullish Momentum ๐
PHB (Phoenix Global) has successfully completed a major correction phase (ABC pattern) and has now entered a bullish trend. With the recent surge in the AI space, this bullish momentum is expected to continue, supported by positive market news and a capped supply limit.
๐ Rebuy Zone (Green Range):
We recommend placing buy/long positions if PHB retraces to the green range. This area presents an optimal entry point for maximizing returns as the bullish movement resumes.
๐ฏ Price Targets:
โข Target 1: $1.90
โข Target 2: $2.038
โข Target 3: $2.495
๐ก Risk Management:
โข Place stop-losses below the invalidation level. $1.349
โข As the price hits Target 1, take some profits and adjust the stop-loss to your entry level for risk-free trading.
๐ก Strategy:
Given the recent positive developments in the AI sector and technical analysis, we anticipate continued upward movement for PHB. However, if the daily candle closes below the invalidation level, this analysis will be voided.
๐ Reminder:
Donโt forget to apply proper capital management and regularly monitor your positions. If you have any questions or need further clarification, feel free to comment below!
Disclaimer:
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