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【$PHA】Short, Rebound Exhaustion/Selling Pressure Dominates/Negative Funding Rate Suppression
$PHA 4-hour level pullback after reaching 0.044, buying support breaks down, volume contracts progressively. MACD bullish momentum shrinks, price retraces below Bollinger mid-band, negative funding rate of -0.32% continues to exert pressure. Each rebound high is lower than the last, active selling orders accumulate above 0.039, capital absorption willingness clearly insufficient.
🎯Direction: Short⚡Entry: 0.0383 - 0.0385🛑Stop Loss: 0.0397🚀Target: 0.0366🛡️Strategy: Scale in, add on rebounds.
View real-time charts 👇 $PHA
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