$PHB just did a 79% spike and is already rolling over. Dead cat or the start of a real dump?
Short $PHB
Entry: 0.1247 – 0.1260
SL: 0.1380
TP1: 0.1150
TP2: 0.1050
TP3: 0.0942
Price spiked to 0.2230 and got rejected hard. Each push since has been weaker, volume is drying up, and 62.84% of the order book is sellers. This thing isn't recovering — it's stalling before the next leg down.
PHBUSDT
Perp
0.1257
+4.40%