🔥 PHA/USDT 1H Technical Analysis
Trade Setup (Short):
Entry: $0.0310 – $0.0318
Stop Loss: $0.0330
TP1: $0.0295
TP2: $0.0270
PHA is currently at $0.0315, down a sharp 17.75% in the last 24 hours.
The token has rejected from the $0.0555 high and is now pressing against the lower Bollinger Band. All MAs (7, 25, 99) remain above price, confirming strong bearish momentum and selling pressure.
PHA looks weak right now. A breakdown below $0.0310 could push it lower quickly.
What’s your view? Shorting PHA or waiting for a reversal? Drop your thoughts 👇