$PHA Long Liquidation: Bears Dominate at $0.36217!
The pha market faced a $1.77K long liquidation as bearish pressure pushed the price down to $0.36217.
This liquidation reflects a critical breach of support, leaving bulls on the defensive while bears take control of the trend.
Key Details:
Liquidation Value: $1,766.30
Triggered Price: $0.36217
Market Sentiment: Bearish momentum intensifying.
Next Move:
Downside Risk: If selling continues, $PHA could target the next support at $0.350.
Upside Potential: A recovery above $0.370 could signal a potential reversal.
Suggested Stop Loss:
For longs: $0.355
For shorts: $0.370
Volatility is rising—keep a close watch on price action as $PHA approaches critical levels!