Analysis #Phausdt

Key support levels (4H): $PHA

$0.1946 (38.2% Fibonacci Retracement): This level served as the first line of defense for the PHA. A break below this support could signal a weakening of the uptrend and lead to further downward pressure.

$0.1880 (50% Fibonacci Retracement): The 50% retracement level is a critical support zone. Staying above this level is crucial to maintaining a bullish outlook. A drop below this point may indicate a potential trend reversal.

0.1815USD (61.8% Fibonacci Retracement): Often referred to as the “golden ratio”, this level is important in technical analysis. If PHA fails to hold above $0.1815, it could invalidate current momentum and change market sentiment.

Bearish threats - declines below 0.1734 and 0.1603

Bull targets - 0.3054 and 0.395