$PHA /USDT Pullback Alert: Opportunity to Rebound? ๐
PHA is trading at $0.4986, still up 46.99% for the day but pulling back after reaching a high of $0.5555. The current price is testing a critical support zone, presenting an opportunity for a rebound if momentum returns.
Trade Setup:
Entry Zone: $0.4950 - $0.5050
Target 1: $0.5200 (short-term resistance)
Target 2: $0.5500 (retracement high)
Stop Loss: $0.4850 (below key support)
Watch for volume spikes near $0.5000 for confirmation of bullish continuation. Tight stop-loss management is crucial, as volatility could create rapid price fluctuations. Stay alert for sharp recovery moves!