##BNBBhutanReserves $PHA

/USDT Technical Analysis – Binance

Current Price: $0.3328 (+1.37%)

Key Levels and Indicators:

24h High: $0.3648

24h Low: $0.3090

MA(7): $0.3372

MA(25): $0.3407

MA(99): $0.3263

RSI: Neutral at 50

MACD: Bullish crossover forming

Volume: 173.03M PHA / 57.95M USDT

Target Price Levels 🎯

1. Target 1: $0.3500

Reason: Resistance zone near MA(25) at $0.3407, strong buying momentum expected near this level. Breaking above could lead to a move towards $0.3500.

2. Target 2: $0.3648

Reason: 24h High, acting as the next resistance level. If bullish momentum persists, we may see a retest of this level.

3. Target 3: $0.3100

Reason: Recent low of $0.3090 is a crucial support level. A break below could trigger further downside towards $0.3100.

Conclusion:

PHA/USDT is showing mixed signals with bullish momentum near key moving averages, but critical levels must be monitored. Watch for breakout confirmations at key resistance levels and support levels for potential opportunities.

Stay tuned for updates!