$PHA /USDT: Massive Momentum - Is $0.55 Just the Start?
The $PHA /USDT pair has shown exceptional growth, surging over 71% in the last 24 hours, as shown in the 15-minute chart. With strong bullish signals, here’s what to watch next:
Current Price: $0.4684
Potential Targets:
1. First Target: $0.50 (Psychological resistance zone)
2. Second Target: $0.55 (Key breakout level reached previously)
3. Third Target: $0.60 (Extension of bullish trend)
Key Observations:
Volume Surge: 24-hour volume highlights significant interest, supporting the price rally.
Moving Averages: MA(7) and MA(25) signal short-term corrections, but long-term MA(99) remains bullish.
Support Levels: $0.38 serves as the critical support zone for retracement.
Actionable Advice:
Consider partial profit booking near $0.50 and $0.55.
Tighten stop-loss levels to protect gains while aiming for $0.60 in extended moves.
Monitor closely for breakout confirmation and volume strength.