$PHA USDT Short Trade Signal: Precision Entry Strategy🔥💯
Trade Setup:
Current price action shows a bearish continuation pattern below key resistance at $0.2600. A breakdown confirms momentum for short opportunities.
Entry Zone:
Place a short entry at $0.2350 upon price confirmation.
Take-Profit Targets:
1. TP1: $0.2200
2. TP2: $0.2000
Stop-Loss:
Set stop-loss at $0.2450 to protect against reversal.
Technical Outlook:
The descending structure and consistent lower highs indicate strong selling pressure. A breach below $0.2350 validates the bearish sentiment.
Recommendation:
Monitor volume for confirmation before entering. Adjust stop-loss to breakeven upon hitting TP1 to lock in profits.