🔥 $PHB ‌ Strong breakdown from parabolic movement, short-term bear market continuation


Trading setup: Short-term
Entry zone: $0.150 – $0.160
TP1: $0.140
TP2: $0.125
TP3: $0.110
SL: $0.175
PHB is cooling down after a strong +34% rebound, now showing rejection in the $0.22–$0.24 supply zone. Momentum is weakening, forming lower highs, indicating sellers are regaining control after the pullback phase.
If $0.148 is broken, the likelihood of continuing toward $0.125–$0.110 increases, as profit-taking and distribution deepen.
⚠️ Expect volatility near support—waiting for confirmation of a breakdown.
PHB21,06%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
AKnifeReturns
· 2h ago
Shorting is the right move.
View OriginalReply0
  • Pin