The current price of $PHB is 0.415 USDT, reflecting a slight bearish sentiment.
With support at 0.409 USDT and resistance at 0.43 USDT, the market is in a range-bound structure.
A possible trading strategy could involve a breakout above 0.43 USDT for upward momentum.
Monitor Bitcoin's volatility, as it can significantly impact altcoin performance.
Macroeconomic events may also pose risks to PHB's price stability.
