$PHAROS (Pharos) is locking in strong bullish structure on the 1-hour chart, currently pushing forward with an +8.15% gain to sit at $0.6479. After stabilizing near a solid local support base around $0.56164, a massive wave of buying pressure forced an aggressive upward rally that topped out at $0.67097. The asset is now undergoing a brief, healthy consolidation phase just below those recent highs, establishing a higher floor. As the bulls maintain control of this upper range, the tight price action indicates high accumulation interest, positioning the trend for another potential leg up to clear local resistance.

Target 1: $0.6850

Target 2: $0.7200

Target 3: $0.7650

#PHAROS #DeFi #Altcoins

PHAROSBase
PHAROSUSDT
0.6442
+7.49%