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PHBUSDTPERP

PHB Breakdown Alert! Bearish Move Confirmed — Will We Hit $1.34?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🌴
Short
by MyCryptoParadise
16
PHB/USDT Keep an eye!! Success Reclaimed back and Bullish Moment💎 PHB has recently experienced significant market dynamics. Currently, PHB has successfully reclaimed the price above the previous resistance area, which has now turned into a support level. 💎 The current phase involves retesting this support for a potential continuation of the upward movement, with the price probability resuming its climb toward the strong resistance area. 💎 However, if PHB fails to bounce from this support level, it could indicate a false breakout scenario. In such a case, the price would likely retreat back downwards, possibly towards the demand area. 💎 The demand area holds critical importance as it signifies a key level of support. A bounce from this area would be necessary to maintain the upward momentum. However, if PHB breaks below the demand area, it could signal a bearish momentum shift, with the price potentially falling towards the strong support area.
by MyCryptoParadise_Nathan
6
PHB/USDT Bullish Momentum for PHB if the break is successful.💎 PHB has recently faced significant market dynamics, encountering a strong rejection at the resistance of its all-time high. 💎 There's potential for the price to undergo a downward retracement, testing the Bullish OB (Order Block) area to establish new momentum for another attempt at breaking out. If the breakout occurs without a retest of the OB area, it probability could signal a move toward our target area. 💎 During the retest of the Bullish OB area, PHB must bounce off this level and resume its upward trajectory to attempt another breakout above the resistance. 💎 However, if PHB fails to bounce and instead breaks down below the Bullish OB, it may indicate a shift towards a more bearish sentiment, leading the price downwards towards the demand area. 💎 The demand area serves as a critical support zone, and its breach could signify a significant downturn for PHB. Therefore, PHB needs to bounce off this level to maintain its bullish momentum. Failure to do so may lead to further downward movement for PHB.
by MyCryptoParadise
PHB: breakout this falling wedge pattern!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice. #PHB/USDT After a long time, PHB breaks this 208D-long Falling wedge pattern in the 1D time frame. But we still need a retest of this pattern to conform this pattern. IMO, it looks good to buy in a spot with a SL if any candle closes below the upper support of this pattern. If everything goes well, we can expect a good return in the upcoming bull run. This chart is likely to help you make better trade decisions if it does consider upvoting it. I would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
4