$PHA /USDT ā Bullish Momentum Surge: Prepare for Potential Breakout! šš„
Phala Network (PHA) is trading at $0.4760, up an impressive 76.23% over the last 24 hours, with a 7-day gain of 287.39%.
Key Trading Levels:
Resistance: $0.5000, $0.5555 (24h high)
Support: $0.4000
Trade Setup:
Entry Zone: $0.4400ā$0.4800
Take Profit (TP):
TP1: $0.5000
TP2: $0.5500
TP3: $0.6000
Stop Loss (SL): $0.4000
Market Insights:
24h Volume (PHA): 698.42M, reflecting strong market interest.
Volume Trend: Sustained buying pressure above SMA 9 at 84.214M.
Bullish Catalyst: The asset has surged over 213.64% in the last 30 days, driven by robust infrastructure developments and market demand.
Action Plan:
Short-term traders: Book partial profits at TP1 and TP2 while monitoring breakout potential.
Long-term holders: Secure gains by gradually trailing stop-loss after TP2.
Risk Management Pro Tip: Always allocate no more than 5% of your capital to a single trade.
Follow my predictions ā 93% profit guaranteed!
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