đ $PHB /USDT on the Verge of Major Breakout! đ
PHB/USDT is breaking key resistance, now trading at $1.976, signaling a potential explosive move! The chart shows strong upward momentum after bouncing off the $1.940 level (marked by the purple zone), where prior consolidation indicated accumulation.
đĄ Key Levels to Watch:
âą Major Resistance: $1.977 â If this level breaks, expect a surge toward $2.05 in the short term. Bulls could take full control if the price sustains above this resistance.
âą Support Zone: $1.940 â A dip here would signal a potential pullback, with possible retests toward $1.88 in the worst case.
đ Entry Strategy:
âą Long Entry: Enter above $1.980 for a move toward $2.05, setting your Stop Loss at $1.940.
âą Short Entry: A rejection from $1.977 offers a short setup, with targets around $1.88. Place your Stop Loss at $2.00.
đ„ Watch out for increased volume to confirm the breakout or rejection. Timing your entry around these critical levels could set you up for a great trade!
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