$PHA /USDT BEARISH OUTLOOK!
Short trade signal 💥
Future traders alert ⚠️
Key Levels:
- Current Price: $0.3070
- Resistance Levels: $0.3100, $0.3200, $0.3300
- Support Levels: $0.3000, $0.2900
Trade Setup:
- Entry: Short at $0.3070
- Take Profit (TP):
- TP1: $0.3000
- TP2: $0.2900
- Stop Loss (SL): $0.3100
Risk Management:
- Risk/Reward Ratio: 1:2
- Position Size: 1-2% of total portfolio
Summary:
We are looking to short $PHA/USDT due to the recent bearish trend and the failure to break above the resistance at $0.3100. The price has been consistently making lower highs and lower lows, indicating a downward momentum. The trade setup aims to capitalize on this trend with a conservative stop loss to manage risk effectively. 📉💸
Happy Trading! 📉💸
Hope this helps! If you need any adjustments or have more requests, feel free to ask 😊