🚨 $PHB /USDT Market Update 🚨

PHB is currently trading at $1.189, hovering just above the crucial support level at $1.187. This level has held strong, but with the recent downtrend, the bears are eyeing a possible breakdown. If this support cracks, we could see a quick drop towards $1.165 and beyond. However, if the bulls can push the price back up, the first hurdle will be at the $1.305 resistance. A break above this could spark a rally, targeting $1.330 and $1.350.

Entry Strategy:

Long Trade: Consider entering above $1.305, aiming for targets at $1.330 and $1.350. Stop loss at $1.187 to manage risk.

Short Trade: If the price dips below $1.187, short positions could be profitable, targeting $1.165 and $1.140, with a stop loss at $1.305.

Stay sharp, and don’t miss these key levels! 📈 #PHB #CryptoMarketMoves #BlackRockETHOptions #analyzes #Write2Earn!