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$PHA Signal】Pullback to Long + Short Squeeze Play
$PHA 1H timeframe is currently consolidating at a high level after a massive rally, with prices strongly ranging around 0.035, refusing deep retracement. A single massive bullish candle on the 4H chart has laid a strong foundation, with open interest stable. Coupled with a funding rate of -0.6%, there is a strong expectation of a short squeeze. The 1H RSI has fallen from overbought levels to a healthy zone, preparing for another upward push.
🎯Direction: Long (Long)
⚡Entry/Order: 0.03156 - 0.03226 (Pullback Accumulation Zone)
🛑Stop Loss: 0.02