$PHA /USDT - Retracing After a Strong Rally 🚀
Current Price: $0.4865 (+10.85%)
24H High: $0.6040
24H Low: $0.4012
$PHA has experienced a strong upward rally, peaking at $0.6040 before retracing to the $0.4865 level. The pullback indicates profit-taking after the surge, but buyers remain active near key support zones.
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Key Levels to Watch:
Support Zone: $0.4700 - $0.4800
Resistance Zone: $0.5000 - $0.5200
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Trading Signal for Long Positions:
Entry Zone: $0.4800 - $0.4900
Target 1: $0.5000
Target 2: $0.5300
Stop Loss: $0.4600
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Market Insight:
The strong volume during the rally highlights buyer interest, while the retracement offers a potential re-entry for those who missed the initial move. If holds above $0.4800, it could attempt another push toward $0.5000 and beyond.
Will maintain its bullish momentum or consolidate further before another breakout? Watch the key levels for your next trade!
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