๐ฅ $PHA Hot Take: Testing Breakout for Potential 2x-3x Gains! ๐ฅ
On the 3D timeframe, $PHA is currently trading at 0.1384 USDT, gaining a solid +7.45%! The 24h high is 0.1416 USDT and the 24h low is 0.1269 USDT, with a healthy 24h volume of 29.51M PHA and 3.99M USDT. The price is currently testing a significant resistance level around 0.1434 USDT. A confirmed breakout above this level could signal the start of a major bullish move with potential for substantial gains.
Potential Entry Zone for Breakout Confirmation: 0.1435 - 0.1450 USDT (Consider entering if the price breaks and holds above this zone on the 3D timeframe)
Potential Long Targets (Aggressive - Targeting 2x-3x):
๐ฏ Initial Target: 0.2434 USDT (Previous local high)
๐ฏ Mid-Term Target (2x from current price): ~0.2768 USDT
๐ฏ Long-Term Target (3x from current price): ~0.4152 USDT
Potential Stop Loss (Below Breakout Point):
๐ก๏ธ 0.1250 USDT (Consider as a stop loss level below the breakout zone and a key support area on the 3D chart)
Alternative Signal (If Breakout Fails):
๐ก๏ธ Potential Short Entry (Rejection at Resistance): If the price fails to break and hold above 0.1450 USDT and shows strong bearish rejection, consider a short position targeting 0.1300 USDT and potentially lower.
Trade and buy here on $PHA