After the strong pump to 0.045… price now forming lower highs and slowly drifting down. Buyers losing strength while sellers stepping in. $PHA — SHORT Entry: 0.0355 – 0.037 SL: 0.041 TP1: 0.033 TP2: 0.030 TP3: 0.027 Rejection from the top shows distribution starting. If 0.034 breaks… downside can open quickly. Pump cooling off… bears may take control here.
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$PHA MOMENTUM STARTING TO FADE.....
After the strong pump to 0.045… price now forming lower highs and slowly drifting down.
Buyers losing strength while sellers stepping in.
$PHA — SHORT
Entry: 0.0355 – 0.037
SL: 0.041
TP1: 0.033
TP2: 0.030
TP3: 0.027
Rejection from the top shows distribution starting.
If 0.034 breaks… downside can open quickly.
Pump cooling off… bears may take control here.