Phala Network ($PHA ): What to do now?
PHA is up 81.7% today, reaching $0.48. The gains are supported by high trading volume and a breakout of key levels.
Buy: If you believe in Phala’s long-term potential, the current price could be a bargain given the growth prospects in Web3 and new partnerships.
Sell: For short-term investors, this is a good time to take profits, as a correction after a sharp rise is possible.
Recommendation: Keep an eye on the $0.45 (support) and $0.50 (resistance) levels to make a decision depending on the market dynamics.
