🚀 PHA/USDT 🔥🔥
Technical Analysis
3 important targets 🎯
🚀 Current Market Update:
Price: $0.3329 (+7.98%)
24H High: $0.3407
24H Low: $0.2891
24H Volume: 96.22M PHA ($29.98M USDT)
Indicator Highlights:
SAR (Stop and Reverse): 0.3261 (Bullish signal)
Support Level: $0.3100
Resistance Levels: $0.3400, $0.3600, $0.3900
🎯 Target 1 – $0.3400
Reason: Immediate resistance tested during the last 24 hours. A breakout above this level could signal a strong bullish momentum.
Strategy: If the price consolidates above $0.3400, traders might look for long entries.
🎯 Target 2 – $0.3600
Reason: Mid-level resistance. Breaching this point confirms continued buying pressure with increasing volume.
Strategy: Monitor RSI for overbought levels and trailing stop-loss near $0.3500.
🎯 Target 3 – $0.3900
Reason: Major resistance zone that could act as a psychological barrier. Strong bullish sentiment is required to cross this level.
Strategy: If the price sustains above $0.3600, long-term holders may look at this level for potential profit-taking.
General Advice:
Risk Management: Always use stop-loss orders to protect against market reversals.
Market Sentiment: A sustained volume increase is critical for achieving higher targets. Monitor global crypto news and announcements for any market impacts.