MyCryptoParadise_Nathan

đź’ŽPHB is approaching a potential support zone.

BINANCE:PHBUSDT   Phoenix / TetherUS
đź’Ž Paradiser, #PHB is currently approaching a previously broken resistance level, which has the potential to act as a support.

đź’ŽIf #PHBUSDT exhibits Change Of Character (CHoCH) towards bullish sentiment in this area, it could suggest a possible bounce from here, targeting the next swing resistance levels.

đź’ŽIn the event of a breakdown below this level, we might anticipate a bounce from the bullish OB level. However, it's advisable to set smaller targets if considering trading from this level.

đź’ŽNevertheless, If both levels be breached, it may be prudent to refrain from trading #PHB and wait for clearer price action signals to emerge.


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