🛑🛑🛑Chart analysis $PHA (PHA/USDT) 🛑🛑🛑

$PHA $BNB

📅 Timeframe: 1 Sunday (1W)
📈 Current price: $0.2101

Current situation:

  • MA (7): $0.1940

  • MA (25): $0.1788

  • MA (99): $0.1389

  • Indicators: Ichimoku, SAR

Technical analysis:

  1. Support:

    • Support line at $0.1389.

  2. Resistance:

    • Resistance area $0.3195 - $0.3573.

  3. Indicator:

    • Ichimoku Cloud: The price is below the cloud, indicating a bearish trend.

    • SAR: The SAR indicator shows a downward trend, located above the price.

Accumulation zone:

  • The box and accumulation zone are marked at the level of $0.2101 - $0.2301.

Brief comment:

PHA is in the accumulation zone, which may indicate a possible trend reversal. A break above $0.3195 will signal the start of a bullish trend.

🚀 Monitor the price reaction in the accumulation zone and be prepared for a possible reversal! 📈

🔍 Happy bidding! 💹

#cryptousdua