$PHA The long liquidation at $0.03889 shows trapped buyers and weakening bullish structure. This usually opens room for further downside toward lower support levels unless price quickly reclaims and holds above the liquidation zone.
Entry Price (Short): $0.0385 – $0.0392
Target: $0.0360 – $0.0345
Stop Loss: $0.0405
Bearish bias remains below $0.039; sustained move above $0.0405 invalidates the setup.
PHAUSDT
Perp
0.03712
-5.35%
