a short technical analysis and trade signal for the $PHB

/USDT pair, with three target levels:💯🔥

Technical Analysis

Current Price: 1.589 USDT

Trend: Bullish (1.86% increase over 24 hours)

Support: 1.508 USDT (24h Low)

Resistance: 1.671 USDT (24h High)

Trade Signal

Buy Signal: If the price holds above the support at 1.58, expect a continuation of the bullish trend.

Target Levels (3 Targets):

First Target: 1.622 USDT (Immediate resistance zone)

Second Target: 1.670 USDT (Resistance near 24h High)

Third Target: 1.740 USDT (Psychological resistance level)

Trade Momentum:

Positive Momentum: Price is increasing, confirming potential upward movement.

Action: Enter trade with a stop loss around 1.516 USDT (near the 24h low) to manage risk. The upward trend should continue as long as momentum stays positive.

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