$PHA Current price is $0.3883. Based on indicators:
1. RSI (Relative Strength Index): The RSI value is close to 62, indicating positive momentum but has not reached the overbought zone (70+). This means that the price may have room for further upside.
2. Bollinger Bands: The price is approaching the upper band, which may mean a nearby resistance at $0.4004.
3. MACD: Showing a slight bullish signal with a positive crossover of the DIF and DEA lines, indicating a possible continuation of the bullish momentum.
Next target:
If the price breaks the current resistance at $0.3971 (24-hour high), it may target $0.42 - $0.45.
If it fails to break, it may see a correction towards the support at $0.3746 or even $0.3560.
My advice:
If you are looking to sell, it might be appropriate to watch the $0.40 level as a short-term target.
If you are thinking of buying, wait for a correction to the mentioned support level (around $0.37) before entering.