🚀Buy signal $PHA
Current situation:
• Price: $0.3358 (+23.91%)
• 24-hour maximum: $0.3400
• 24-hour minimum: $0.2284
• 24-hour trading volume: $75.07 million
Technical indicators:
1. RSI (6): 84.63 — strongly overbought zone. A pullback or consolidation is possible.
2. MACD: Positive dynamics, the DIF line is above DEA, which confirms the trend.
3. MA (5.10): The price is confidently above both moving averages, which supports the upward movement.
Volume:
The trading volume has increased significantly, indicating high interest from market participants.
Levels:
Resistance: $0.3400 (daily maximum).
Support: $0.3071 (previous level of local consolidation).
Recommendation:
🔥 Strong growth with increased volumes, but due to overbought RSI, be prepared for a correction.
🎯 It is recommended to set a stop loss at $0.3071. If the $0.3400 level is broken, further upward movement is possible.
⏳ Strategy: Suitable for short-term trading. Monitor volumes and dynamics on lower timeframes!