$PHA /USDT Price Action Update: Bull Run in Progress!🔥💯
$PHA /USDT has broken out with impressive momentum, rallying over 40% in the last 24 hours. Current price action stands at $0.1751, consolidating after reaching a peak of $0.2085.
Key Levels:
• Immediate Resistance: $0.2000
• Next Target Zone: $0.2400
• Support Levels: $0.1600 and $0.1400
Suggested Strategy:
1. Entry Point: Current levels around $0.1750 can be considered for entry, but avoid chasing the pump.
2. Stop Loss: Set stop loss at $0.1400 to minimize risk.
3. Short-Term Target: $0.2000
4. Extended Target: $0.2400
5. Consider partial profit booking at resistance levels while trailing your stop loss to secure gains.
This breakout signals strong bullish sentiment; however, always manage your risk and stick to your trading plan.
Stay alert for any trend reversal at key levels and ensure proper capital allocation.
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