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.
💎 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.
Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.