$PHA /USDT BULLISH BREAKOUT IMMINENT 馃殌
Key Levels:
- Current Price: $0.3929
- Resistance Levels: $0.4000, $0.4200, $0.4400
- Support Levels: $0.3800, $0.3600, $0.3400
Trade Setup:
- Long Entry: $0.3950
- Take Profit (TP):
- TP1: $0.4200
- TP2: $0.4400
- Stop Loss (SL): $0.3800
Risk Management:
- Risk/Reward Ratio: 2:1
- Position Size: 2% of total portfolio
Summary:
We are looking for a bullish breakout in $PHA/USDT as the price is currently consolidating near the resistance level of $0.4000. A successful breakout above this level could lead to significant upward momentum towards the next resistance levels at $0.4200 and $0.4400. The stop loss is set at $0.3800 to manage downside risk effectively. 馃殌馃搱
Happy trading and may the market be in your favor! 馃搱馃捀