📉 Phala Network ($PHA /USDT) Under Pressure – What’s Next?

Phala Network is trading at $0.3416 (-8.32%), with significant selling pressure driving prices lower. The 24-hour high of $0.3968 and low of $0.3332 indicate high volatility.

📊 Key Levels to Watch:

Immediate Resistance:

$0.3600 - $0.3700

Support Zones:

$0.3300 (critical to hold)

💡 Market Insights:

A dip below $0.3300 could lead to further downside.

Recovery above $0.3700 is essential to regain bullish momentum.

⚠️ Trading Strategy:

Consider short-term longs near $0.3330 with a tight stop-loss.

Target $0.3600 for quick gains, but remain cautious.

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