$PHA IS RETURNING TO A SUPPLY ZONE WITH LIQUIDITY BELOW 🎯
Entry: 0.0310-0.0320 🔥
Target: 0.0298 🚀
Stop Loss: 0.0342 ⚠️
The recent bounce into 0.0310-0.0320 is being rejected at the same area that capped price last week. Volume on this retest is declining, suggesting buyers lack conviction to break higher. Meanwhile, the daily structure remains bearish below 0.0342, and liquidity is still sitting beneath the 0.0285 swing low.
If this supply zone holds, a move back toward those targets becomes the higher-probability path. How do you interpret this retest — continuation or reversal?
Not financial advice. Always manage your risk.
#PHA #ShortSetup #SupplyZone #Crypto
🎯
Entry: 0.0310-0.0320 🔥
Target: 0.0298 🚀
Stop Loss: 0.0342 ⚠️
The recent bounce into 0.0310-0.0320 is being rejected at the same area that capped price last week. Volume on this retest is declining, suggesting buyers lack conviction to break higher. Meanwhile, the daily structure remains bearish below 0.0342, and liquidity is still sitting beneath the 0.0285 swing low.
If this supply zone holds, a move back toward those targets becomes the higher-probability path. How do you interpret this retest — continuation or reversal?
Not financial advice. Always manage your risk.
#PHA #ShortSetup #SupplyZone #Crypto
🎯