$PHA is printing a very clean bullish recovery pattern on the 1-hour chart, currently marking a solid 14.02% gain over the past 24 hours. After sweeping liquidity at the 0.0320 base, the asset staged a powerful reversal, steadily building an ascending structure. It recently faced a brief rejection near the 0.0380 level, but buyers quickly absorbed the selling pressure on the dip, resulting in a strong bullish re-test toward 0.0374. This resilient market structure indicates that buying momentum is heavily accelerating, setting the stage for a breakout above local resistance.

Target 1: 0.0415

Target 2: 0.0460

Target 3: 0.0510

#PHA #PhalaNetwork #CryptoTrading

PHA

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