$PHB is under heavy pressure after Binance announced plans to delist PHB spot trading later this month, which triggered strong panic selling and extreme volatility across the market. Trading volume has surged sharply, but the overall trend still looks bearish in the short term. Key support is forming around the $0.052–$0.055 zone, while resistance remains near $0.065 and $0.080.

Some traders are watching for a possible short-term rebound because RSI levels are deeply oversold, but risk remains very high until volatility cools down. If market sentiment improves and buyers defend support, PHB could attempt a recovery bounce.

#PHB #LatestAnylysis #GalaxyDigital$1.2BAcquisitionDispute #SECDelaysEventContractETFs

PHB

--

--