$PHA is currently trading at 0.1217 USDT, showing a neutral market structure with potential for both upward and downward moves.
With strong support at 0.1179 USDT and resistance at 0.1274 USDT, a breakout strategy could be advantageous if it breaches resistance.
However, watch for external factors such as Bitcoin’s volatility and macroeconomic events that could impact trading sentiment.
The RSI at 49.12 indicates indecision, suggesting prudent risk management is essential.
