Technical Analysis $PHA 1W 📈
On the 1W chart, confirmation of a long-term bullish trend requires a breakout above the key resistance at $0.0555 (MA50) and a successful hold above it. This would open the path toward the first major long-term target at $0.155 (0.236 Fibonacci level).
On the daily chart, price has reclaimed and held above the MA50/100/200, signaling strengthening bullish momentum.
- 1W RSI continues to recover from oversold conditions and is approaching bullish territory.
- Weekly structure suggests a potential macro bottom may already be in place.
- Volume Profile shows relatively low resistance above the current range, meaning price could move quickly once $0.0555 is reclaimed.
With increasing trading volume and clear buyer dominance in recent order flow, I expect a breakout above $0.04 and a move toward $0.047–$0.05 in the near term.
Key levels for the long term:
🎯 TP1: $0.155
🎯 TP2: $0.24
🎯 TP3: $0.31
🎯 TP4: $0.38
If bulls manage to reclaim the weekly MA50, the current price region may eventually be remembered as a long-term accumulation zone.
Hope you’ve managed to accumulate as much $PHA as possible 🚀🔥
