The $PHB /USDT pair on the 15-minute chart is currently trading at 1.728, showing a strong upward trend with momentum.
The immediate resistance level is seen at 1.737, just above the current price, suggesting a potential breakout zone if buying pressure continues.
The support level is established at 1.683, offering a fallback point if the price faces a pullback. For those looking to trade this setup, an entry around the current price of 1.728 is viable.
To target achievable gains, consider setting the first take profit (TP1) at 1.740, followed by TP2 at 1.750, and a third target (TP3) at 1.760.
A stop loss (SL) at 1.670 will help manage risk in case of an unexpected downturn.
This structured approach aims to capture incremental profits with a balanced risk-to-reward ratio.
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