PHB Breakdown Alert! Bearish Move Confirmed — Will We Hit $1.34?

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Yello, Paradisers! Are we about to see a deeper plunge for #PHBUSDT? Let’s dive into the details!

💎#PHB has confirmed a shift to a bearish outlook after breaking down its crucial support trendline. Right now, our immediate target is the $1.57 support area. If the price breaks below this level, the bearish continuation will likely accelerate, increasing the probability of reaching our final target in the $1.34 demand zone.

💎If Bitcoin shows strength and rebounds, PHB could see a temporary relief rally, potentially testing the fresh supply zone at $1.83 - $1.93 before resuming any significant downward movement.

💎Bearish invalidation occurs if PHB closes above $2.12—this would signal a continuation of the upward momentum and make any short positions invalid.

Remember, it’s all about timing the market at the right levels for maximum gains.

MyCryptoParadise
iFeel the success🌴

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Đóng lệnh: dừng lỗ

🚫 Trade Closed – Stop Loss Reached

Yello Paradisers,

The idea has been closed as the stop loss was hit at daily close above 2.12. While this trade didn’t go as expected, it’s part of the process! Losses are an inevitable part of trading, but sticking to our risk management rules keeps us in the game for the long term.