Technical Analysis for $PHA /USDT
Current Price: $0.1999
Price Change (24h): +14.69%
24h High: $0.2375
24h Low: $0.1656
Volume: 558.13M PHA traded, 113.65M USDT volume
Key Indicators:
SAR (Stop and Reverse):
Current SAR: 0.2100
Previous SAR: 0.2214
Suggests potential upward momentum if price holds above $0.2100.
Momentum:
The current momentum is bullish, with a strong upward move of +14.69% in the last 24 hours. The price is currently testing resistance near $0.2100. If the momentum continues, the market could reach higher levels.
Trade Signal: Buy
Entry: $0.1999 (current price)
Stop Loss: $0.1656 (24h low)
Target Levels:
Target 1: $0.2100 (SAR indicator resistance)
Target 2: $0.2200
Target 3: $0.2375 (24h high)
Summary:
Trade Momentum: Bullish
Trade Signal: Buy, with targets at $0.2100, $0.2200, and $0.2375
Risk: Watch for price rejection below $0.1999. If the price drops towards $0.1656, reconsider positions.
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