$PHA USDT Bearish Pullback — Short Opportunity Forming ⚠️
After a sharp impulsive move to the upside, $PHAUSDT is showing signs of exhaustion and a potential short-term bearish pullback. The rejection from the recent high and the formation of lower highs on the 15m timeframe suggest weakening bullish momentum.
Trade Setup (Short):
Entry Range: 0.0338 – 0.0345
Targets:
Target 1: 0.0328
Target 2: 0.0318
Target 3: 0.0306
Stop Loss (SL): 0.0362
Market Outlook:
Price pumped aggressively and is now entering a correction phase. Sellers are stepping in after the spike, indicating a possible retracement toward the previous support zone. If momentum continues downward, deeper pullback levels could be tested before the next major move.
⚠️ Manage risk properly and wait for confirmation before entering the trade.#AaveSwapIncident #BinanceTGEUP #TrumpSaysIranWarWillEndVerySoon