$PHA Long Liquidation Alert
A staggering $1,753.7 worth of long positions were liquidated at $0.34461!
The liquidations have sent shockwaves through the market, signaling that bulls are under pressure and volatility is intensifying.
Critical Levels to Watch:
Support Target: Watch for signs of stabilization around $0.340. If this level fails, we could see further downside.$PHA
Resistance to Clear: $0.355 is the next key resistance level.
A breakout above could bring back bullish momentum.
Volume Breakdown: Liquidation spikes often coincide with high volatility—this is prime territory for traders to capitalize on sharp price movements.
What’s Next?
This liquidation event could either set the stage for a reversal or trigger more sell-offs.
Those on the sidelines may find entry points if the trend shifts, but manage your risk closely.
Is this the end of the downtrend, or is further volatility ahead for $PHA ? Stay tuned!