$PHA /USDT - Retracing After Hitting Resistance 🚨

Current Price: $0.4913 (+4.33%)

24H High: $0.6040

24H Low: $0.4012

$PHA surged to a high of $0.6040 earlier in the session but is now retracing, trading near $0.4913. The pullback suggests profit-taking after the sharp rally, but buyers are still holding above key support levels.

---

Key Levels to Watch:

Support Zone: $0.4800 - $0.4900

Resistance Zone: $0.5200 - $0.5400

---

Trading Signal for Short-Term Opportunities:

Entry Zone: $0.4900 - $0.5000

Target 1: $0.5200

Target 2: $0.5400

Stop Loss: $0.4700

---

Market Insight:

$PHA is showing resilience despite the pullback, with trading volumes remaining strong. If buyers regain momentum, a breakout above $0.5200 could lead to another test of the $0.5400 resistance level. However, further retracement toward $0.4800 could signal consolidation before the next move.

Will PHA recover and rally higher, or will it consolidate further? Watch these levels closely!

#PHAUSDT #CryptoTrading #Binance #AltcoinUpdate