$PHA Long Liquidation Alert!
A major $1.527K long liquidation has just struck at $0.39868, shaking Phala Network ($PHA) holders as volatility surges.
š What Happened?
Liquidation Amount: $1,527
Liquidation Price: $0.39868
Market Sentiment: Bearish turbulence
ā” Current Momentum
$PHA is caught in a volatile spiral, with bulls facing intense liquidation pressure. This sell-off could mark a critical turning point in the market's structure.
š Key Levels to Watch
Resistance: $0.420
Support: $0.380
Bullish Rebound Zone: Above $0.405
š” Strategy
For Buyers: Look for strong support near $0.380 to re-enter positions.
For Sellers: Capitalize on bearish momentum for short-term gains.
Is this the calm before a recovery, or will $PHA see more red? Keep your eyes peeled and risk managed!