PHB CRASHES TO NEW LOWS WITH 70% DROP ๐ธ๐
$PHB is experiencing a sharp decline, breaking through key support levels and order blocks, indicating a significant loss of momentum and potential structural breakdown ๐. The current price of $0.01500 is testing the support zone of ~$0.01507, which is a crucial level to watch for potential reversal or further downside ๐.
$PHB's price action suggests a substantial shift in investor interest, with many macro asset accumulators likely taking profits and exiting their positions ๐. The breach of key order blocks and the significant decrease in price indicate a lack of buying pressure, which could lead to further downside if the support zone is broken ๐.
The mid range of $0.03700 is now a distant level to watch for potential reversal, but given the current bearish sentiment, it's unlikely that $PHB will rebound to this level anytime soon ๐. The focus remains on the support zone of ~$0.01507, and if this level is broken, $PHB could experience further losses ๐๐ธ.
DYOR
Follow for Updates
#PHB #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
$PHB is experiencing a sharp decline, breaking through key support levels and order blocks, indicating a significant loss of momentum and potential structural breakdown ๐. The current price of $0.01500 is testing the support zone of ~$0.01507, which is a crucial level to watch for potential reversal or further downside ๐.
$PHB's price action suggests a substantial shift in investor interest, with many macro asset accumulators likely taking profits and exiting their positions ๐. The breach of key order blocks and the significant decrease in price indicate a lack of buying pressure, which could lead to further downside if the support zone is broken ๐.
The mid range of $0.03700 is now a distant level to watch for potential reversal, but given the current bearish sentiment, it's unlikely that $PHB will rebound to this level anytime soon ๐. The focus remains on the support zone of ~$0.01507, and if this level is broken, $PHB could experience further losses ๐๐ธ.
DYOR
Follow for Updates
#PHB #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare