$PHB is showing a positive growth trend, with stable support at $1.32 and a target towards $2.6. The momentum from the recovery of $MANA plays a crucial role in strengthening the bullish outlook.

Monitoring Bitcoin's dominance index is a key factor, as it can reflect fluctuations across the market, while also affecting PHB's ability to maintain its upward momentum. Changes in global market sentiment will be the determining factor impacting the trajectory of this currency.