$PHA /USDT exploded with bullish momentum, currently trading at $0.5419 after a significant surge. The RSI is indicating overbought conditions at 89, reflecting strong buying interest. The 24-hour high of $0.6040 is the next resistance, while $0.5200 is acting as a critical support to watch for potential corrections.
Trading Strategy:$PHA
Entry price: about $0.5419
Target points:
1. TP1: $0.5500
2. TP2: $0.5650
3. TP3: $0.5800
Stop Loss: $0.5200
With tight targets aligned with recent price action, traders can look to secure consistent profits while managing risk. Monitor volume and momentum for signs of continued upward pressure or potential reversal.
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