$PHB — Daily Outlook

Is the Phoenix gearing up for lift-off or just flapping for show? 🪶🚀

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🎯 Upside Levels

Target 1: $0.75

Test of the 200-day MA and first resistance shelf.

Target 2: $1.00 – $1.20

Big psychological line plus prior supply zone—needs solid volume to punch through.

Target 3: $1.80 – $2.00

If momentum sticks, previous swing-high territory comes back into play.

🛡️ Key Support

$0.48 – $0.50

Matches the 50-day MA and recent local lows. Lose this range and the bullish picture fades fast.

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📊 Technical Snapshot

Spot Price: $0.582

MA 20: $0.447 (short-term trend)

MA 50: $0.478 (support confirmation)

MA 200: $0.754 (first serious ceiling)

PHB’s trying to pivot from accumulation to breakout mode. A decisive daily close above $0.75 is still the trigger the bulls need.

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⚠️ Heads-Up

PHB is a volatile flier—sharp reversals happen. Use stop-losses, size positions sensibly, and keep emotions on a leash.

Not financial advice. Trade at your own risk.

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