PHBUSD has broken down from a rising wedge pattern on the weekly chart, signaling a potential trend reversal. The price is currently attempting a retest of the previous support zone at the $1.00–$1.20 level, which is now likely to act as resistance. If this retest fails, it could confirm a bearish continuation setup, with the next key support zone around $0.10. This level has previously acted as a major base and could serve as the next downside target
PHBUSDT 
PHB
PHBUSDT PHB
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🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.