As of April 15, 2025, Phala $PHA network is exhibiting strong bullish momentum. The current price stands at approximately $0.1025, reflecting a 12.72% increase over the past 24 hours, with a trading volume of $48.14 million .The price has surged from a recent low of $0.0901 to a high of $0.1060, marking a significant +17.6% move. This upward trajectory is supported by a clean uptrend. If bulls maintain control above the $0.0990 support level, the next resistance zones to monitor are $0.1140 and $0.1260.
Technical indicators suggest continued bullishness. PHA is breaking out of a falling wedge pattern, a classic bullish reversal signal, further supported by a rounded bottom structure . This pattern indicates strong potential for continued upside.
In summary, PHA is demonstrating robust bullish momentum with potential targets at $0.1140 and $0.1260, provided the price sustains above the $0.0990 support level.
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