đ Phala Network ($PHA) Skyrockets: Up +38.01%! đ
$PHA is showing impressive growth, currently trading at $0.2883, up +38.01% in the past 24 hours. The surge in price highlights strong bullish momentum and growing interest in this project.
Key Levels to Watch
đ Resistance: $0.30 â A breakthrough above this level could send $PHA to new highs.
đ Support: $0.25 â A pullback towards this level may offer an attractive entry for long positions.
Trade Setup
Long Entry: If PHA maintains its momentum above $0.28, consider a long entry with targets at $0.30 and $0.35.Short Entry: A break below $0.25 could lead to a retracement towards $0.20.
Risk Management
â ïž Stop-loss: Set your stop-loss at $0.24 to manage potential downside risks.
Market Insight
The recent surge in $PHA is supported by positive market sentiment. If the bullish trend continues, PHA could target higher levels, especially if Phala Network's developments attract more investors.
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