🛑🛑🛑Chart analysis $PHA (PHA/USDT) 🛑🛑🛑
📅 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:
Support:
Support line at $0.1389.
Resistance:
Resistance area $0.3195 - $0.3573.
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! 💹