Trading Signals for Phoenix
Action: Buy $PHB
Entry: $2.20 - $2.25
TP1: $2.50
TP2: $2.80
SL: $2.00
DCA: Recommended if price retraces to $2.05 - $2.10
Phoenix, PHB has shown strong performance over the last 90 days, with an 84.24% increase. The current bullish trend is supported by high trading volume ($77.82M in 24 hours) and proximity to recent highs, indicating sustained interest. With the circulating supply at 82.53% of total supply, scarcity may continue to drive price momentum. However, resistance is expected as it approaches its all-time high of $4.09.
Trade at your own risk. DYOR.
