$PHB /USDT- is in a sideways-to-bullish trend
Holding steady above the $1.42 support while struggling to break the $1.68 resistance zone. A decisive breakout above $1.68 could trigger a stronger bullish leg.
Fibonacci Levels:
Current retracement sits between 38.2%–61.8%, with key levels at $1.50 (38.2%), $1.56 (50%), and $1.62 (61.8%). A push through $1.62–$1.68 confirms bullish continuation toward higher targets.
RSI:
The RSI is at 54, indicating neutral-to-bullish momentum not overbought, suggesting space for accumulation and upward movement.
Entry Zones:
Safer entry: $1.45–$1.50 (near strong support + 38.2% Fib).
Aggressive entry: $1.55–$1.58 (anticipating breakout above 50% Fib).
Take-Profit Zones:
TP1: $1.68 (local resistance & Fib confluence).
TP2: $1.82 (next major resistance zone).
Stop-Loss Ideas:
Conservative: Below $1.42 (strong support level).
Tight: $1.47 (just under safer entry).