$PHB /USDT: Bullish Mode Activated!
$PHB /USDT is showing strength as it holds above the key support/resistance (S/R) zone on the 3-Day timeframe.
This signals strong momentum, with bulls ready to take control.
Let’s break down the key levels and strategy!
Buy Zone:
Look for entries between $0.70 - $0.75.
This range aligns with the current S/R zone, providing an optimal area to enter the market while minimizing risk.
Targets:
Target 1: $0.85
Target 2: $0.95
Target 3: $1.10
Each target represents potential resistance areas where you can book profits.
Stop Loss:
Set your Stop Loss at $0.65.
This level ensures your risk is controlled if the price fails to hold above the S/R zone.
Next Steps:
1. Monitor Volume: Watch for increasing volume, confirming the breakout.
2. Set Alerts: Stay updated if the price approaches the Buy Zone or targets.
3. Stay Patient: Let the market play out; don’t rush decisions.
Why Bullish Mode is ON?
S/R Zone Holding: The price is sustaining above critical levels.
Bullish Structure: Higher highs and higher lows suggest an upward trend.
Market Sentiment: Positive momentum aligns with broader market conditions.