🚨
$PHB / USDT : 4H
🧩Analysis :
• The price is currently in an uptrend and showing respect for the 200 EMA. After a strong bullish move, there was a corrective phase where the price retraced near the 200 EMA.
• Recently, the price broke out of the trendline and bounced from the 200 EMA. It is expected that the price will continue its trend and test its previous highs.
• For a long entry, it is advisable to wait for the price to break out of the resistance zone. Keep an eye on it!
Buy : $1.140
Targets :
$1.394
$1.542
$1.770
SL : $0.960
$BTC #etf #BTC #Cryptoease