$PHA /USDT Approaching Key Levels – Major Move Imminent!

The $PHA /USDT chart on the 4-hour time frame shows a steady climb, reaching a current price of 0.1134 USDT. This trend is pushing the price toward critical zones, suggesting an impending breakout or potential rejection. Here’s the breakdown:

💡 Support Zone: Strong support is established around 0.1090 USDT. This level has held up in recent dips and could be an ideal long-entry point if the price revisits it, expecting a rebound toward higher targets.

🚧 Resistance Level: Key resistance lies near 0.1161 USDT. A breakout above this resistance could trigger a bullish surge, opening the path to a mid-term target of 0.1200 USDT and potentially beyond, toward 0.1250 USDT.

📉 Entry Strategy:

• Long Entry: Consider entering near the support at 0.1090 USDT with a stop loss around 0.1075 USDT for downside protection.

• Short Entry: If resistance holds firm at 0.1161 USDT and there’s a rejection, a short position might be viable with an entry around 0.1155 USDT and a stop loss at 0.1175 USDT.

🔄 Long-Term Target: A sustained bullish breakout above 0.1161 USDT could propel PHA/USDT toward 0.1250 USDT and beyond.

This is a high-stakes moment for PHA – keep an eye on these levels to spot the next major move! 📈 #EthereumPectraUpgrade #EIGENonBinance #UptoberBTC70K? #BinanceBlockchainWeek #16thBTCWhitePaperAnniv