🚀 Urgent technical analysis for PHA coin — Why do I see a breakout at 0.0510 becoming imminent?
In recent hours, PHAUSDT has shown extremely significant technical and behavioral signals, and upon examining the price movement on the 15-minute frame and the order book, an important change in market behavior can be noticed that may lead to a strong breakout in a short period.
🔹 1. Clear compression pattern before the explosion
The price is making higher lows each time, against lower highs…
This pattern is known as a Compression Pattern, and it is usually the final stage before a strong and sudden movement in one direction — often upwards when liquidity is in favor of buyers.
🔹 2. Huge sell walls were just to scare the market
While closely monitoring the order book, the following appeared:
More than 5 consecutive sell levels
Totaling over 5 million coins
All in critical areas close to the price
This picture usually indicates an attempt to push the price down and accumulate as much as possible.
More importantly… these offers suddenly disappeared completely!
The disappearance of sell walls simply means:
> The accumulation phase is over… and now the path is almost clear upwards.
🔹 3. Clear bias towards buyers
The buying ratio reached about 70% against 30% selling, which is a strong ratio supporting the bullish scenario.
🔹 4. 4-hour and 15-minute indicators are not overbought
The RSI is in a position allowing for a rapid upward movement without facing overbought conditions or resistance indicators.
